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Hudson Enterprises has sales of $1,040,000, average accounts receivable of $41,400 and average accounts payable of $29,250. The cost of goods sold is equivalent to
Hudson Enterprises has sales of $1,040,000, average accounts receivable of $41,400 and average accounts payable of $29,250. The cost of goods sold is equivalent to 54% of sales. How long does it take Hudson to pay its suppliers?
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