The payable turnover for Apple and BlackBerry (as of fiscal year 2012)was 7.4 and 24.8 respectively.From this data we can conclude that:
A) BlackBerry has taken a longer time to pay its creditors as compared to Apple.
B) Apple has been more efficient than Blackberry in paying creditors and generating interest-free loans from suppliers.
C) BlackBerry has a clear advantage over Apple as its credits are paid much faster than that of Apple.
D) BlackBerry can extend its payment periods, while Apple is required to pay its creditors more quickly.

Question

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In ChapterCase 5, it is stated that the payable turnover for Apple and BlackBerry (as of fiscal year 2012) was 7.4 and 24.8 respectively. Payables turnover (Revenue/Accounts payable) indicates how fast a firm is paying its creditors and how much it benefits from interest-free loans extended by its suppliers. Here, Apple has a lower ratio which indicates more efficient management in paying creditors and generating interest-free loans from suppliers.

The Payable Turnover for Apple and BlackBerry (As of Fiscal