This measures the number of days that the firm holds accounts payable before it has to extend cash to buy raw materials.
A) Accounts receivable turnover
B) Average collection period
C) Average payment period
D) Accounts payable turnover

Name: This measures the number of days that the firm holds accounts payable before it has to extend cash to buy raw materials. A) Accounts receivable turnover B) Average collection period C) Average payment period D) Accounts payable turnover
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Question

Quizplus · Accepted Answer

The Answer is C

This Measures the Number of Days That the Firm Holds