The Cash and Grab Market has annual sales of $913,200 and cost of goods sold of $681,600.The profit margin is 3.8 percent and the accounts payable period is 24 days.What is the average accounts payable balance?

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The Answer of The Cash and Grab Market has annual sales of $913,200 and cost of goods sold of $681,600.The profit margin is 3.8 percent and the accounts payable period is 24 days.What is the average accounts payable balance?

The Cash and Grab Market Has Annual Sales of $913,200