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Analyze the efficiency of Company HHH's accounts payable management using the accounts payable turnover ratio, given its cost of goods sold of $600,000 and average

  • Analyze the efficiency of Company HHH's accounts payable management using the accounts payable turnover ratio, given its cost of goods sold of $600,000 and average accounts payable balance of $100,000. Compute the company's accounts payable turnover ratio and interpret its implications for cash flow management and supplier relationships.
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