Multiple Choice
A company's accounts payable total $360,960. If the company takes 60 days to pay its outstanding accounts, what is the value of the company's annual credit purchases?
A) $2,195,840
B) $2,165,700
C) $6,016,000
D) $21,958,400
E) $21,657,600
Correct Answer:
Verified
Correct Answer:
Verified
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