A company acquires its inventory on credit. The information below is available. Sales revenue: 440000 Purchases: 270000 Trade payables: 90000 Trade receivables: 110000 Calculate the trade payables turnover in days.
- A75
- B92
- C122
- D149
Accounting 9706 · AS & A Level · Analysis and communication of accounting information
A company acquires its inventory on credit. The information below is available. Sales revenue: 440000 Purchases: 270000 Trade payables: 90000 Trade receivables: 110000 Calculate the trade payables turnover in days.