객관식
XYZ Company had net sales of \$500,000 and COGS of \$320,000. If the beginning balance of AP was \$60,000 and the ending balance in AP was \$100,000, what is the AP Turnover ratio?
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목차
- 1. Introduction to Accounting40m
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- Ratios: Accounts Payable Turnover6m
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14. Financial Statement Analysis
Ratios: Accounts Payable Turnover
객관식
ABC Company had \$200,000 in Net Sales and Gross Profit of \$80,000. If AP had a balance of \$60,000, what is the AP Turnover ratio?
A
1.33
B
2.00
C
3.33
D
Not enough information
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