At any point in time, Tarcomed Hospitals owes its suppliers $45,000. The companys cost of goods sold

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At any point in time, Tarcomed Hospitals owes its suppliers $45,000. The company’s cost of goods sold averages $810,000. What are Tarcomed’s

(a) payables turnover and

(b) payables deferral period (DPO)?

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Cfin4 Plus Coursemate Printed Access Card 2014

ISBN: 9781285434544

1st Student Edition

Authors: Scott Besley, Eugene F. Brigham

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