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The following companies are competitors in the same Industry and have many of the same suppliers. Vizio Panasonic TCL Accounts Payable $1,200 1,920 970 cost
The following companies are competitors in the same Industry and have many of the same suppliers. Vizio Panasonic TCL Accounts Payable $1,200 1,920 970 cost of Goods Sold $20,000 28,000 12,888 (a) Calculate days payable outstanding for each of the following companies. (b) Assuming each company has positive relations with its suppliers, which company has negotiated the best credit terms? Calculate days' payable outstanding for each of the following companies. (Round your final answers to 1 decimal place.) Days' payable outstanding Vizio Panasonic TCL Assuming each company has positive relations with its suppliers, which company has negotiated the best credit terms? Assuming each company has positive relations with its suppliers, which company has negotiated the best credit terms
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