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The XYZ Company has annual CGS of $200,000 and an ending accounts payable balance of $36,000. How long, on average, does XYZ take to pay
The XYZ Company has annual CGS of $200,000 and an ending accounts payable balance of $36,000. How long, on average, does XYZ take to pay for its purchases?
Select one:
a.
11.11 days
b.
22.22 days
c.
28.78 days
d.
65.70 days
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