The largest portion of Accounts Payable for most merchandising companies is related to the purchase of inventory on account.

Name: The largest portion of Accounts Payable for most merchandising companies is related to the purchase of inventory on account.
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Question

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Merchandising companies rely heavily on purchasing inventory on credit, resulting in a significant portion of their Accounts Payable being related to inventory purchases on account.

The Largest Portion of Accounts Payable for Most Merchandising Companies