The accounts payable turnover ratio can reveal
a. the result of sales divided by average working capital.
b. the number of days in the operating cycle.
c. the length of the operating cycle in order to compare it with industry averages.
d. the number of days that a firm's accounts payable remain outstanding.
e. none of the above.
D
You might also like to view...
In earlier times, leadership followed an empowering, participatory model rather than an autocratic, hierarchical model.
Answer the following statement true (T) or false (F)
A business taxpayer sold all depreciable assets of the business, calculated the gains and losses, and would like to know the final character of those gains and losses. The taxpayer had $353,000 of adjusted gross income before considering the gains and losses from sale of the business assets. The taxpayer had unrecaptured § 1231 lookback loss of $12,000. What is the treatment of the gains and losses summarized in the following table after all possible netting and reclassification have been completed? What is the taxpayer’s adjusted gross income? (Ignore the self-employment tax deduction.)
AssetPurchase Date Sale Date Depreciation Gain (Loss) Machine 110/10/17 11/11/19 $323,000 $66,000 Machine 210/02/17 11/11/19 65,000 (15,000) Machine 309/23/15 11/11/19 183,000 23,000 Machine 409/23/15 11/11/19 28,000 64,000 ? What will be an ideal response?
In a short essay, list and discuss the three options available to the researcher for the treatment of missing responses on a questionnaire
What will be an ideal response?
Inventory turnover is expressed in terms of
a. days. b. a percentage. c. dollars. d. times.