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The Mountain Top Shoppe has sales of $512,000, average accounts
receivable of $31,400 and average ac 1 answer below » The Mountain Top Shoppe has sales of $512,000, average accounts
receivable of $31,400 and average accounts payable of $24,800. The
cost of goods sold is equivalent to 71 percent of sales. Compute
the firmAc€?cs accounts payable period? A. 21.76
days
B. 22.38
days
C. 24.90
days & View complete question » The Mountain Top Shoppe has sales of $512,000, average accounts
receivable of $31,400 and average accounts payable of $24,800. The
cost of goods sold is equivalent to 71 percent of sales. Compute
the firmAc€?cs accounts payable period? A. 21.76
days
B. 22.38
days
C. 24.90
days
D. 25.89 days E. 26.67 days View less » Aug 05 2015 06:18 AM