A/P Turnover: 20
Based on the following information about Company X, which is true?
A/P Turnover: 20
Total Asset Turnover: 3.10
Days Payable Outstanding: 19
Times Interest Earned: 12
Debt/Equity: 1.4
A Company X pays bills in 19 days
B Company X has more equity than debt
C Company X pays bills in 20 days
D Company X pays interest in 12 days
E Company X generates $3.10 in profit per dollar invested in assets
Answers: 2
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Do you know the correct answer?
Based on the following information about Company X, which is true?
A/P Turnover: 20
A/P Turnover: 20
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