Question
CCC Company Has sales of $378,000, average accounts revivable of $26,800 and average accounts payable of $38,200. The cost of goods sold is equivalent to
CCC Company Has sales of $378,000, average accounts revivable of $26,800 and average accounts payable of $38,200. The cost of goods sold is equivalent to 78 percent of sales. How long does it take the mountain Top shoppe to pay its suppliers?
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Analysis for Financial Management
Authors: Robert Higgins
11th edition
77861787, 978-0077861780
