Kinston Industries Has an Average Accounts Payable Balance of $220,000

question 46

Essay

Kinston Industries has an average accounts payable balance of $220,000.Its annual cost of goods sold is $5,475,000,and it receives terms of 2/10,net 30 from its suppliers.Kinston chooses to forgo this discount.Is Kinston managing its accounts payables well?

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A controversial and debunked philosophy advocating for the improvement of the human species through selective breeding or genetic manipulation.