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Underground Funeral Services has annual sales of $886,600. The cost of goods sold is equal to 91 percent of sales. The firm has an average
Underground Funeral Services has annual sales of $886,600. The cost of goods sold is equal to 91 percent of sales. The firm has an average accounts receivable balance of $87,800 and an average accounts payable balance of $72,950. How many days, on average, does it take the firm to pay its suppliers
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