Respuesta :
The changes affected the accounts payable period with a decrease of 8.9days.
Change in Operating Cycle = Change in Cash Cycle - Change in accounts payable cycle
(104.5-99.2) = -3.6 - Change in accounts payable cycle
Change in Accounts Payable Cycle = (104.5-99.2) + 3.6
Change in Accounts Payable Cycle = 8.9 days (decrease)
The money owed payable fee period measures the average range of days it takes an enterprise to pay its bills payable. This measure facilitates you investigate the coins management of your small business, however, you must be aware of some of its barriers.
The accounts payable turnover in days suggests the common wide variety of days that a payable remains unpaid. To calculate the money owed payable turnover in days, virtually divide 12 months by the payable turnover ratio. Therefore, over the fiscal 12 months, the employer takes approximately 60.53 days to pay its suppliers.
Money owed payable has charge terms related to them. For instance, the phrases should stipulate that the fee is due to the supplier in 30 days or 90 days. The payable is in default if the organization does now not pay the payable in the terms outlined by way of the provider or creditor.
Learn more about the accounts payable period here https://brainly.com/question/25148915
#SPJ4
