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Average accounts payable cycle.
Use the following account information to calculate Rian accounts payable cycle. 2013 and 2014 Selected Balance Sheet Accounts of Rian Company
Company ' s average
P13-8( similar to)
Average accounts payable cycle. Use the following account information for Rian Company. 2013 and 2014 Selected Balance Sheet Accounts of Rian Company
Rian Company had set a target of 16.6 days for its payment( accounts payable) cycle. What would the ending balance in the accounts payable account
for 2014 have needed to be to reach this target( holding all other accounts the same)?
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Average accounts payable cycle.
Use the following account information to calculate Rian accounts payable cycle. 2013 and 2014 Selected Balance Sheet Accounts of Rian Company
Company ' s average
2014 Selected Income Statement Items for Rian
Company
Cash sales
$ 539000
Credit sales
$ 664000
Total sales
$ 1203000
Cost of goods sold
$ 632489
P13-8( similar to)
Average accounts payable cycle. Use the following account information for Rian Company. 2013 and 2014 Selected Balance Sheet Accounts of Rian Company
Rian Company had set a target of 16.6 days for its payment( accounts payable) cycle. What would the ending balance in the accounts payable account
for 2014 have needed to be to reach this target( holding all other accounts the same)?
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FIN 419 help A Clearer path to student success/uophelp.com FIN 419 help A Clearer path to student success/uop | Page 24
FIN 419 help A Clearer path to student success/uophelp.com FIN 419 help A Clearer path to student success/uop | Page 26