What might a large value for this ratio imply

Reference no: EM13257256

For the past year, Hero, Inc., had a cost of goods sold of $75,382. At the end of the year, the accounts payable balance was $15,732. How long on average did it take for the company did it take the company to pay off its suppliers during the year? What might a large value for this ratio imply?

Reference no: EM13257256

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