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Business, 25.11.2020 18:30 scottkayce

LL Cross has annual sales of $2.12 million. The cost of goods sold is equal to 76 percent of sales. The average accounts receivable balance is$172,700 and the average accounts payable balance is $178,900. How many days on average does it take the firm to pay its suppliers? A. 43.81 days
B. 40.53 days
C. 37.14 days
D. 47.72 days

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LL Cross has annual sales of $2.12 million. The cost of goods sold is equal to 76 percent of sales....

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