A Low Accounts Payable to Net Sales Ratio May Indicate

question 95

True/False

A low accounts payable to net sales ratio may indicate that a firm's suppliers grant liberal credit terms.

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Definitions:

Satisfaction

The feeling of contentment or fulfillment resulting from achieving one's desires, expectations, or needs.

Disfranchised

Individuals or groups deprived of certain rights or privileges, often used in the context of voting rights.

Systematically

Performing actions or procedures in a methodical, organized manner according to a specified system or plan.

Procedural Elements

The structured components or steps that make up a process, governing how something is to be done.