To Determine the Payables Turnover,one First Calculates the Days' Payable

question 173

True/False

To determine the payables turnover,one first calculates the days' payable.

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Definitions:

Dividend

Funds distributed by a corporation to its shareholders, typically from the company's earnings.

Arithmetic Average

The sum of a set of numbers divided by the count of that set of numbers, commonly used to compute simple averages.

Historical Annual Average

An average value calculated from a series of yearly figures, often used in financial analysis to smooth out fluctuations.

Holding-Period Return

Holding-period return is the total return received from holding an asset or portfolio of assets over a specified period, including interest, dividends, and capital gains.