Examlex
Society's ethics are based on ____.
Accounts Payable Turnover Ratio
A financial ratio that measures how quickly a company pays off its suppliers by dividing the total purchases by the average accounts payable.
Suppliers
Entities that provide goods or services to another entity, typically within a supply chain.
Cash Payments
Outflows of cash to settle obligations or purchase goods and services as part of business operations.
Accounts Payable Turnover Ratio
A financial metric used to analyze how quickly a company pays off its suppliers by comparing net credit purchases to the average accounts payable during a period.
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