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Calculate the accounts payable turnover ratio for Johnson & Johnson based on the following information: Cost of goods sold: $5,000,000 Average accounts payable balance: $1,000,000
- Calculate the accounts payable turnover ratio for Johnson & Johnson based on the following information:
- Cost of goods sold: $5,000,000
- Average accounts payable balance: $1,000,000
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
