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If the accounts payable turnover is 5.4, what is the days' payable outstanding? (Round your...

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Accounting

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If the accounts payable turnover is 5.4, what is the days' payable outstanding? (Round your answer to the nearest day) Select one: O A. 55 days O B.58 days C, 68 days D. 18 days Excalibur Company sells a piece of equipment for $20,000 cash. The gain or loss on the sale of equipment equals: Select one: O a. the accumulated depreciation of the equipment plus the cash received from the sale O b. the book value of the equipment O c.the difference between the cash recelved on sale and the book value of the equipment O d. the cash received upon the sale Bloom Corporation issued 80,000 shares of common stock Bloom purchased 4000 shares and later reissued 900 shares. How many shares are issued and outstanding? Select one: 80,000 issued and 76,000 outstanding B. 76,000 issued and 76,000 outstanding OC. 80,000 issued and 76,900 outstanding OD. 76,900 issued and 76,900 outstanding

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