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Use the Information About Billy's Burgers to Answer the Following

Question 21

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Use the information about Billy's Burgers to answer the following question(s) :
Use the information about Billy's Burgers to answer the following question(s) :    -Using the percent of sales method, and assuming 20% growth in sales, estimate Billy's Burgers' Accounts Payable for 2011. A)  $21.0 million B)  $25.2 million C)  $18.0 million D)  $21.6 million
-Using the percent of sales method, and assuming 20% growth in sales, estimate Billy's Burgers' Accounts Payable for 2011.


A) $21.0 million
B) $25.2 million
C) $18.0 million
D) $21.6 million

Correct Answer:

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