Abc company has annual sales of 501059 the cost of goods, Financial Management

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Abc company has annual sales of 501059 the cost of goods

ABC Company has annual sales of $501,059. The cost of goods sold are $308,686. The firm has an accounts receivable balance of $21,063 and an accounts payable balance of $20,915. How many days does it take the firm to pay its suppliers? Assume 365 days.

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Financial Management: Abc company has annual sales of 501059 the cost of goods

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Financial Management: Abc company has annual sales of 501059 the cost of goods

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