Stony Products has a payables turnover of six times. What is Stony's - 506

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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