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If Trade Creditors at the Beginning of the Period Are

Question 39

Multiple Choice

If trade creditors at the beginning of the period are $56 000 and at the end of the period are $68 000,and total credit purchases for the period are $480 000,credit turnover in days is (round your answer up to the next full number of days) :


A) 13 days.
B) 52 days.
C) 43 days.
D) 48 days.

Correct Answer:

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