Which of the Following Best Describes the Payables Turnover

question 118

Multiple Choice

Which of the following best describes the payables turnover?

• A)Cost of goods sold/Average accounts payable
• B)Cost of goods sold +/-Change in inventory/Average accounts payable
• C)Average accounts payable/Cost of goods sold
• D)Average accounts payable/Cost of goods sold +/- Change in inventory

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Definitions:

Solicited Cover Letter

A job application cover letter written in response to an advertised position, directly addressing the employer's requirements.

Qualifications

The qualifications, abilities, and academic background that enable a person to be fit for a specific role or function.

Experience

The knowledge or skill that one gains over time through involvement in or exposure to activities.

Application Letter

A formal letter submitted to apply for a particular job or position, outlining the applicant's qualifications and interest in the opportunity.