a-company-has-a-cogs-of-600000-and-an-average-accounts-payable-of-150000-calcula

Question

A company has a COGS of $600,000 and an average accounts payable of $150,000. Calculate the accounts payable turnover ratio.

Accepted Answer

4

Answer

6

Answer

2.5

Answer

0.25

A company has a COGS of \$600,000 and an average accounts payable of \$150,000. Calculate the accounts payable turnover ratio.