What Is Accounts Payable Turnover

question 97

Multiple Choice

What is accounts payable turnover?

• A)A ratio calculated as Purchases divided by ending balance in Accounts Payable.
• B)A ratio calculated as Cost of Goods Sold divided by average Accounts Payable.
• C)A ratio calculated as Purchases divided by average Accounts Payable.
• D)B and C.

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