Currier & Ive's Lithography has a Cost of Goods Sold of $60.8 million. The company's accounts payable balance is $7.5 million. It's accounts payable deferral period is
A) 81 days.
B) 45 days.
C) 8.11 days.
D) 48.7 days.
Correct Answer:
Verified
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A)
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