If a Company's Average Payable Period Ratio Is Significantly Lower

question 140

True/False

If a company's average payable period ratio is significantly lower than the credit terms vendors offer, it may be a sign that the company is not using its cash most effectively.

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Definitions:

Continuing Education

Ongoing learning activities professionals engage in to develop skills and knowledge after formal education.

Professional Associations

Organizations that represent the interests of individuals within a specific profession, providing resources, networking opportunities, and advocacy.

Hospice Services

Specialized care designed to provide support to patients in the final phase of a terminal illness, focusing on comfort and quality of life rather than cure.

Sports Medicine

A medical specialty focusing on the diagnosis, treatment, and prevention of injuries related to sports and exercise.