A Co, a Biotechnology Company, Reported Cost of Sales of $345.2

question 120

Multiple Choice

A Co, a biotechnology company, reported cost of sales of $345.2 million and trade payables of $121.6 million for 20X3. In 20X2, cost of sales was $300.8 million and trade payable was $103.9 million. What was A Co's trade payables turnover ratio in 20X3?

• A) 2.84
• B) 2.86
• C) 2.90
• D) 3.06

---

Definitions:

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, and experiences.

Dual Processing

The principle that our minds operate on two different levels simultaneously: automatic, unconscious processing and conscious, deliberate processing.

Evolutionary Psychologists

Scientists who study the psychological adaptations of humans to the changing physical and social environment, often focusing on how evolution has shaped the mind and behavior.

Behaviorists

Psychologists who focus on observable behaviors and the ways in which environment determines behavior, excluding mental processes.