What would be the average accounts payable

Reference no: EM131947556

A firm has an average accounts payable of $72,451.00, with COGS reported at $811,334.00 for the past year.

A supplier has offered the firm a large discount if they can reduce days payable to 7 days. What would be the average accounts payable if they take this discount?

Reference no: EM131947556

Questions Cloud

Post an explanation of one moral development theory : For this Discussion, consider how bullying has changed and how it has remained the same in light of modern technology.

Operating cash flow under the base case scenario : The sales price is estimated at $64 a unit, plus or minus 4 percent. If we don't ignore tax, what is the operating cash flow under the base case scenario?

What is the value of a preferred stock : What is the value of a preferred stock (assume: growth of 2% annually) paying a fixed dividend of $3 per share when the discount rate is 10%?

How the act of bullying experienced by one adolescent : Watching repeated episodes of bullying can evoke strong emotional and behavioral responses from an adolescent.

What would be the average accounts payable : What would be the average accounts payable if they take this discount?

The incidences of prejudice and bias : Despite this progress, states continue to debate laws and policies that would legalize forms of discrimination toward LGBTQ individuals.

What annual rate of return does this annuity offer : The first payment occurs 1 month from today. What annual rate of return does this annuity offer?

What will be the future worth of money in your account : what will be the present worth of the money in your account? What will be the future worth of the money in your account?

How does emotional intelligence enhance the work environment : Which of the following strategies do you think has the most influence on creating a positive work environment, leading to greater job satisfaction.

User Account

All Pages