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The Winters Co. has annual sales of 918,700. Cost of goods sold is 55 percent of annual sales and on credit. The firm has an

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The Winters Co. has annual sales of 918,700. Cost of goods sold is 55 percent of annual sales and on credit. The firm has an average accounts payable balance of 72,400. How many days on average does it take The Winters Co to pay its suppliers? (Assume 365 days in a year) 29 days 52 days 34 days 46 days

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