if-a-company-has-a-cogs-of-500000-and-an-average-accounts-payable-of-100000-what

Question

If a company has a COGS of $500,000 and an average accounts payable of $100,000, what is its accounts payable turnover ratio?

Accepted Answer

5

Answer

0.2

Answer

50

Answer

10

If a company has a COGS of \$500,000 and an average accounts payable of \$100,000, what is its accounts payable turnover ratio?