You have collected the following Information for the Slowpay Company.


You own composed the subjoined Information for the Slowpay Company.

Item

Beginning

Ending

Inventory

$5,000

$7,000

Accounts receivable

1,600

2,400

Accounts payable

2,700

4,800

Credit sales for the year Just ended were $50,000. and consume of commodities sold was $30,000. How desire does It conduct Slowpay to congregate on Its receivables? How desire does wares cling encircling precedently it’s sold? How desire does Slowpay conduct to pay Its bills?