Dexter, Inc., had a cost of goods sold of $75,318. At the end of the year, the

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Dexter, Inc., had a cost of goods sold of $75,318. At the end of the year, the accounts payable balance was $18,452. How long on average did it take the company to pay off its suppliers during the year? What might a large value for this ratio imply?

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Fundamentals Of Corporate Finance

ISBN: 9781265553609

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Aug 24, 2021 04:49 AM

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Dexter, Inc., had a cost of goods sold of $75,318. At the end of the year, the

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Fundamentals Of Corporate Finance

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