Stony Products has a payables turnover of six times. - 4750

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Stony Products has a payables turnover of six times. What is Stony's payables deferral period (PDP)? 

A. about 30.42 days 

B. about 56.50 days 

C. about 60.83 days 

D. none of these 

 
Solution Description

Stony Products has a payables turnover of six times. What is