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Business, 07.10.2021 07:10 josie17340

Presented below are selected amounts from Loretta Sports, Inc.'s financial statements: Amounts in thousands Balance sheet Accounts receivable $ 11,400 Inventory 20,500 Total assets 584,500 Accounts payable 19,750 Shareholders' equity 144,000 Income Statement Net sales 310,500 Cost of goods sold 165,000 Interest expense 13,500 Net income 62,000 How many days, on average, does it take Loretta Sports to pay an outstanding account payable

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Presented below are selected amounts from Loretta Sports, Inc.'s financial statements: Amounts in th...
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