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BJ Motors Accounts Payable

BJ Motors has annual average purchases of $200,000 and an ending accounts payable balance of $36,000. How long, on average, does the company take to pay for its purchases?

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BJ Motors has annual average purchases of $200,000 and an ending accounts ...

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This solution is comprised of a detailed explanation to answer how long, on average, does the company take to pay for its purchases.

$2.19