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. Your cost of goods sold for the year are $75,000. If you are paying your suppliers in 7 days, how much is your average
. Your cost of goods sold for the year are $75,000. If you are paying your suppliers in 7 days, how much is your average accounts payable balance (on the balance sheet)?
A. $1,438 B. $1,756 C. $1,890 D. $2,877 E. $10,714
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