Hare inc had a cost of goods sold of 44321 at the end of, Ask an Expert

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Hare, Inc., had a cost of goods sold of $44,321. At the end of the year, the accounts payable balance was $8,343. How long on average did it take the company to pay off its suppliers during the year? (Use 365 days a year. Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

Days' sales in payables days

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Category:- Financial Management
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