Accounts payable turnover
A) Describes how much time it takes a company to meet its obligations to suppliers
B) Is also called inventory turnover
C) Can be used to evaluate liquidity
D) Describes how much time it takes a company to meet its obligations to suppliers and can be used to evaluate liquidity
E) All of these
Correct Answer:
Verified
Q145: Guidelines (rules of thumb)are developed from
A)Past experience
B)Industry
Q146: External users of financial information
A)Are not directly
Q147: The acid-test ratio differs from the current
Q148: Marble Corp.paid $.56 in common annual dividends
Q149: Lottery Corp had a market price of
Q151: Return on total assets measures
A)The percent of
Q152: Total asset turnover is calculated by dividing
A)Gross
Q153: Francesco earned $3,000 profit for October.Its net
Q154: Chilliton's gross profit was $183,750.Its net sales
Q155: The quick assets are
A)Cash,short-term investments,prepaid expenses
B)Cash,short-term investments,accounts
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents