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MC algo 18-12 Accounts Payable Period Underground Funeral Services has annual sales of $889,900. The...

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MC algo 18-12 Accounts Payable Period Underground Funeral Services has annual sales of $889,900. The cost of goods sold is equal to 94 percent of sales. The firm has an average account receivable balance of $88,400 and an average accounts payable balance of $73,100. How many days on average does it take the firm to pay its suppliers? MC algo 18-12 Accounts Payable Period Underground Funeral Services has annual sales of $889,900. The cost of goods sold is equal to 94 percent of sales. The firm has an average accounts receivable balance of $88,400 and an average accounts payable balance of $73,100. How many days on average does it take the firm to pay its suppliers? Multiple Choice 29.98 days 0 34.17 days 199 days

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