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ABC Company has a cash cycle of 11.15 days, an operating cycle of 23.99 days, and an average collection period of 5 days. The company reported cost of goods sold of $233,840. What is the company's average balance in Accounts Payable?
Financial Management, Finance
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Working capital management mini-cases You may do this case alone or with up to two others. If you work with others, please submit only one assignment, but be sure it includes all names. Except for cases E and F, each cas ...
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