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A firm has sales of $651,410 and average accounts payable of $88,974. The cost of goods sold is equivalent to 56 percent of sales. How
A firm has sales of $651,410 and average accounts payable of $88,974. The cost of goods sold is equivalent to 56 percent of sales. How long does it take the company to pay its suppliers? A) 49.9 days B) 89 days C) 160.6 days D) 62.2 Days E) 4.1 Days
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