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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 2016.
LLP
Limited Liability Partnership, a legal structure for businesses where partners have limited liabilities, protecting personal assets from business debts.
Creditor
An individual or institution to whom money is owed by a debtor.
Damages Award
A financial compensation ordered by a court to be paid to a plaintiff by the defendant as restitution for loss or injury.
Furtherance
An action taken to advance or promote a particular cause, objective, or interest.
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