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Big Al's Meat Market has annual sales of $540,000 and cost of goods sold of $365,200. The profit margin is 5.4 percent and the accounts
Big Al's Meat Market has annual sales of $540,000 and cost of goods sold of $365,200. The profit margin is 5.4 percent and the accounts payable period is 321 days. What is the average accounts payable balance? Assume 365 days per year. 21:54 Multiple Choice $34,411.70 561 435.51 $29 44112 $36.70582 $32.1759 Prey 16 of 24H Next > ME Saw 11 O RI E Type here to search
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