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The following companies are competitors in the same industry and have many of the same suppliers. ( a ) Calculate days' payable outstanding for each
The following companies are competitors in the same industry and have
many of the same suppliers.
a Calculate days' payable outstanding for each of the following companies.
b Assuming each company has positive relations with its suppliers, which
company has likely negotiated the best credit terms?
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Required A
Calculate days' payable outstanding for each of the following companies.
Note: Round your final answers to decimal place.
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