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The following figures appear on LaGrange s financial statements for the most recent fiscal year: Cost of Goods Sold $ 1 , 9 6 0

The following figures appear on LaGrange

s financial statements for the most recent fiscal

year:

Cost of Goods Sold $

1, 960, 000

Beginning Inventory

238, 000

Ending Inventory

278, 000

Accounts Payable

182, 000

What is the age of this company

s accounts payable?

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