Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 442 Weeks Ago, 1 Day Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Accounting Posted 18 Jun 2017 My Price 3.00

A chain of appliance stores, APP Corporation, purchases inventory with a net price of $500,000 each day

A chain of appliance stores, APP Corporation, purchases inventory with a net price of $500,000 each day. The company purchases the inventory under the credit terms of 2/15, net 40. APP always takes the discount, but takes the full 15 days to pay its bills. What is the average accounts payable for APP?

 

Answers

Alpha Geek
(8)
Status NEW Posted 18 Jun 2017 05:06 AM My Price 3.00

-----------

Attachments

file 1497765147-2098508_1_636333425024333499_Acounts-Payable.xlsx preview (84 words )
20-----------985-----------08&-----------amp-----------;am-----------p;i-----------nfo-----------Id=-----------515-----------432-----------Acc-----------oun-----------ts -----------Pay-----------abl-----------eA -----------cha-----------in -----------of -----------app-----------lia-----------nce----------- st-----------ore-----------s, -----------APP----------- Co-----------rpo-----------rat-----------ion-----------, p-----------urc-----------has-----------es -----------inv-----------ent-----------ory----------- wi-----------th -----------a n-----------et -----------pri-----------ce -----------of -----------$50-----------0,0-----------00 -----------eac-----------h d-----------ay.----------- Th-----------e c-----------omp-----------any----------- pu-----------rch-----------ase-----------s t-----------he -----------inv-----------ent-----------ory----------- un-----------der----------- th-----------e c-----------red-----------it -----------ter-----------ms -----------of -----------2/1-----------5, -----------net----------- 40-----------. A-----------PP -----------alw-----------ays----------- ta-----------kes----------- th-----------e d-----------isc-----------oun-----------t, -----------but----------- ta-----------kes----------- th-----------e f-----------ull----------- 15----------- da-----------ys -----------to -----------pay----------- it-----------s b-----------ill-----------s. -----------Wha-----------t i-----------s t-----------he -----------ave-----------rag-----------e a-----------cco-----------unt-----------s p-----------aya-----------ble----------- fo-----------r A-----------PP?-----------Day-----------s$P-----------urc-----------has-----------e o-----------f I-----------nve-----------nto-----------ry -----------on -----------acc-----------oun-----------t e-----------ach----------- da-----------yCr-----------edi-----------t T-----------erm-----------s o-----------f 2-----------/15-----------,ne-----------t 4-----------0Ti-----------me -----------tak-----------en
Not Rated(0)