Accounts payable turnover is a financial ratio that measures how quickly a company pays its suppliers. It is calculated by dividing total purchases by accounts payable. The document provides information on accounts payable turnover, including the calculation.
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Assignment 1
Accounts payable turnover is a financial ratio that measures how quickly a company pays its suppliers. It is calculated by dividing total purchases by accounts payable. The document provides information on accounts payable turnover, including the calculation.