Using the following financial statements,
the accounts payable turnover, assuming that beginning inventory is equal to ending inventory, is closest to:
A) 6.8
B) 8.5
C) 10.0
D) 19.5

Question

Using the following financial statements,
 the accounts payable turnover, assuming that beginning inventory is equal to ending inventory, is closest to:
A) 6.8 
B) 8.5 
C) 10.0 
D) 19.5

Quizplus · Accepted Answer

The Answer of Using the following financial statements,
 the accounts payable turnover, assuming that beginning inventory is equal to ending inventory, is closest to:
A) 6.8 
B) 8.5 
C) 10.0 
D) 19.5

Using the Following Financial Statements