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Family Co. manufactures books. it buys significant quantities of supplies from various vendors in order to make its quality products. Calculate Family's accounts payable turnover

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Family Co. manufactures books. it buys significant quantities of supplies from various vendors in order to make its quality products. Calculate Family's accounts payable turnover for 2017 and 2016 and determine whether it is meeting its objective of paying trade creditors within 25 days. round calculations to two decimal places Cost of goods sold: 2017: $10,800.000 2016: $9,350,000 Family Co. manufactures books. it buys significant quantities of supplies from various vendors in order to make its quality products. Calculate Family's accounts payable turnover for 2017 and 2016 and determine whether it is meeting its objective of paying trade creditors within 25 days. round calculations to two decimal places Cost of goods sold: 2017: $10,800.000 2016: $9,350,000

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