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MC algo 18-11 Accounts Payable Period Big Al's Meat Market has annual sales of $559,500 and cost of goods sold of $380,000. The profit margin

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MC algo 18-11 Accounts Payable Period Big Al's Meat Market has annual sales of $559,500 and cost of goods sold of $380,000. The profit margin is 6.7 percent and the accounts payable period Is 30.8 days. What is the average accounts payable balance? Assume 365 days per year. Multiple Choice 582 836.36 53213026 53672373 $29,456 49 434 428 49

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