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The following dashboard shows days' payable outstanding for three competing merchandisers. Days payable outstanding. A company, 30 days. B company, 25 days. C company, 20
The following dashboard shows days' payable outstanding for three competing merchandisers. Days payable outstanding. A company, 30 days. B company, 25 days. C company, 20 days. Which company has likely negotiated the best credit terms? Assume each company has good relations with its suppliers. Which company pays off its payables most promptly
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