Multiple Choice
A firm has average daily expenses of $2.13 million and average accounts payable of $112.7 million.On average,how many days does it take the firm to pay its bills?
A) 63.47 days
B) 52.91 days
C) 48.19 days
D) 59.03 days
Correct Answer:
Verified
Correct Answer:
Verified
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