a-company-has-a-cogs-of-1200000-and-an-average-accounts-payable-of-400000-what-i

Question

A company has a COGS of $1,200,000 and an average accounts payable of $400,000. What is the accounts payable turnover ratio?

Accepted Answer

3

Answer

0.33

Answer

4

Answer

2

A company has a COGS of \$1,200,000 and an average accounts payable of \$400,000. What is the accounts payable turnover ratio?