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An Excessively High Average Payable Period Ratio ________

Question 78

Multiple Choice

An excessively high average payable period ratio ________.


A) suggests that the company is making the best use of its available cash balance
B) indicates that the company is doing a poor job of collecting its accounts receivable
C) indicates the presence of a significant amount of past-due accounts payable
D) suggests that the company is highly liquid

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