a-company-reports-a-cogs-of-750000-and-an-average-accounts-payable-of-250000-wha

Question

A company reports a COGS of $750,000 and an average accounts payable of $250,000. What is the accounts payable turnover ratio?

Accepted Answer

3

Answer

5

Answer

2

Answer

0.33

A company reports a COGS of \$750,000 and an average accounts payable of \$250,000. What is the accounts payable turnover ratio?