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Simplify the expression.
Interest Accrual
A process where interest that has been earned or incurred but not yet paid is recognized and recorded within accounting periods.
Accounts Payable Turnover Ratio
A financial ratio that measures how quickly a company pays off its suppliers by dividing the total purchases by the average accounts payable.
Suppliers
Entities that provide goods or services to another entity, typically within a supply chain.
Cash Payments
Outflows of cash to settle obligations or purchase goods and services as part of business operations.
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