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Data on Wentz Inc

Question 53

Multiple Choice

Data on Wentz Inc. for 2008 are shown below, along with the payables deferral period (PDP) Cost of goods sold = $75,000 Payables = $5,000
Payables deferral period (PDP) Benchmark payables deferral period = 30.00


A) $764
B) $849
C) $943
D) $1,048
E) $1,164

Correct Answer:

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