What is the annual cost of goods for a firm,with accounts payable period of 35 days and average accounts payable of $600,000.

Name: What is the annual cost of goods for a firm,with accounts payable period of 35 days and average accounts payable of $600,000.
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The annual cost of goods is calculated using the formula: (Average Accounts Payable / Accounts Payable Period) * 365. Plugging in the values: ($600,000 / 35) * 365 = $6,257,143.

What Is the Annual Cost of Goods for a Firm,with