A Business with a Payables Turnover Ratio of 10

question 41

Multiple Choice

A business with a payables turnover ratio of 10.4 times a year would have an average payable period of about:

• A) 3 days.
• B) 30 days.
• C) 35 days.
• D) 62 days.

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Definitions:

Autologous Blood Donation

The practice of an individual donating blood for their own future use, typically before a scheduled surgery or medical procedure.

Epinephrine

A hormone and medication that increases heart rate, tightens blood vessels, and opens airways in the lungs, commonly used to treat severe allergic reactions.

Blood Product

Any therapeutic substance prepared from human blood, including whole blood, plasma, and cellular components.

Vital Signs

Key measurements of the body's basic functioning, including temperature, heart rate, respiration rate, and blood pressure.