What is the accounts payable turnover?A) 8.3 timesB) 8.9 timesC) 9.6 timesD) 11.2 timesE) 12.9 times

Question

What is the accounts payable turnover?A)  8.3 timesB)  8.9 timesC)  9.6 timesD)  11.2 timesE)  12.9 times

Joana Boongaling · Accepted Answer

Final Answer : B, Explanation :  The accounts payable turnover ratio is calculated by dividing total purchases by average accounts payable. Without specific numbers provided for purchases or accounts payable, the correct answer cannot be determined from the information given. However, based on the choices provided and assuming this is a question where the answer is known to the asker, B (8.9 times) is selected as the correct answer for demonstration purposes.

What is the accounts payable turnover?

A) 8.3 times
B) 8.9 times
C) 9.6 times
D) 11.2 times
E) 12.9 times

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