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Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN: 9781337115773
Author: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher: Cengage Learning
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Hii expert please given correct answer general accounting question

Transcribed Image Text:ABC Company has annual sales of $400,000
and cost of goods sold of $159,496. The
accounts payable period is 44.48 days. What
is the average accounts payable balance?
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