What is the average accounts payable for app

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Problem

A chain of appliance stores, APP Corporation, purchases inventory with a net price of $650,000 each day. The company purchases the inventory under the credit terms of 2/15, net 35. APP always takes the discount but takes the full 15 days to pay its bills. Get the instant assignment help. What is the average accounts payable for APP?

Reference no: EM133920028

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What is the average accounts payable for app : A chain of appliance stores, APP Corporation, purchases inventory with a net price of $650,000 each day. What is the average accounts payable for APP?
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