Landseeker's Restaurants reported cost of goods sold of $324 million and accounts payable of $81 million for

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Landseeker's Restaurants reported cost of goods sold of $324 million and accounts payable of $81 million for 2015. In 2014, cost of goods sold was $260 million and accounts payable was $70 million.

Calculate Landseeker’s accounts payable turnover ratio in 2015.

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Jun 07, 2023 03:34 AM

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Landseeker's Restaurants reported cost of goods sold of $324 million and accounts payable of $81 million for

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

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