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Big Al's Meat Market has annual sales of $565,500 and cost of goods sold of $385,600. The profit margin is 71 percent and the accounts
Big Al's Meat Market has annual sales of $565,500 and cost of goods sold of $385,600. The profit margin is 71 percent and the accounts payable period is 30.4 days. What is the average accounts payable balance? Assume 365 days per year. Multiple Choice 529 430 42 $34.40971 S90,05789 5321573
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Auditing An International Approach
Authors: Wally Smieliauskas, Amy Kwan, Kathleen Cogliano, Catherine Barrette
8th Canadian Edition
1259451275, 978-1259451270
