Landseeker's Restaurants reported cost of goods sold of $322 million and accounts payable of $83 million for 2011.In 2010,cost of goods sold was $258 million and accounts payable was $72 million.What was Landseeker's accounts payable turnover ratio in 2011?
A) 4.23
B) 4.15
C) 4.04
D) 3.91
Correct Answer:
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