The Dieu Company had sales of $1 million in 1996, with 60% of its sales made on
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The Dieu Company had sales of $1 million in 1996, with 60% of its sales made on credit. If the average accounts payable are $100,000, what is Dieu’s accounts payable turnover?
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Related Book For
Financial Management And Analysis (Frank J. Fabozzi Series)
ISBN: 9780471477617
2nd Edition
Authors: Frank J. Fabozzi, Pamela P. Peterson
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