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Which of the Following Best Describes the Payables Turnover

Question 118

Multiple Choice

Which of the following best describes the payables turnover?


A) Cost of goods sold/Average accounts payable
B) Cost of goods sold +/-Change in inventory/Average accounts payable
C) Average accounts payable/Cost of goods sold
D) Average accounts payable/Cost of goods sold +/- Change in inventory

Correct Answer:

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