The payables turnover is measured
A)in days.
B)as a percentage.
C)in dollars.
D)in times.

Name: The payables turnover is measured A)in days. B)as a percentage. C)in dollars. D)in times.
Brand: Quizplus
Rating: 4.9 (32 reviews)

Question

Quizplus · Accepted Answer

The payables turnover is measured in terms of times, indicating how many times a company pays off its accounts payable during a year. It is calculated by dividing the cost of goods sold by the average accounts payable balance.

The Payables Turnover Is Measured