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ABC Company has annual sales of $612,874. The cost of goods sold are $402,904. The firm has an accounts receivable balance of $18,718 and an
ABC Company has annual sales of $612,874. The cost of goods sold are $402,904. The firm has an accounts receivable balance of $18,718 and an accounts payable balance of $11,325. How many days does it take the firm to pay its suppliers?Assume 365 days.
Enter your answer rounded off to two decimal points.
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