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6. The accounts payables of Dale's Desserts generally equal $4.7 million. If the turnover of accounts payables is 10x, what are its (a) payables deferral

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6. The accounts payables of Dale's Desserts generally equal $4.7 million. If the turnover of accounts payables is 10x, what are its (a) payables deferral period (DPO) and (b) annual credit purchases? 7. If a firm buys under terms of 3/15, net 60, and pays on the 60th day. What is the APR of its non-free trade credit

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