Comparing Accounts Payable Turnover: Company A vs Company B
1 Questions
1 Views

Comparing Accounts Payable Turnover: Company A vs Company B

Created by
@GlimmeringLife

Podcast Beta

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Company A has a higher Accounts Payable Turnover than Company B.

Which of the following statements is true regarding these two companies?

  • Company A has a longer Average Collection Period than Company B.
  • Company A has a lower percentage of credit purchases than Company B.
  • Company A is paying suppliers at a faster rate than Company B. (correct)
  • More Like This

    Use Quizgecko on...
    Browser
    Browser