Abc company has a cash cycle of 1085 days an operating, Ask an Expert

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ABC Company has a cash cycle of 10.85 days, an operating cycle of 21.94 days, and average collection period of 7 days. The company reported cost of goods sold of $299, 787. What is the company's average balance in Accounts Payable?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92348780

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