Multiple Choice
The denominator of the days payable outstanding ratio can be
A) average daily sales.
B) average trade accounts payable.
C) average daily cost of goods sold.
D) average trade accounts receivable.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q43: The numerator of the acid-test ratio consists
Q46: Included in Harrison Inc.'s account balances at
Q47: Payroll entries<br>The total payroll of Lyndon Inc.
Q48: Using the revenue approach of accounting for
Q49: Stock dividends distributable should be classified on
Q50: Information regarding Oxygen Inc.'s payroll for the
Q53: Harriet Ltd. has a likely loss that
Q54: Bank agrees to lend $ 250,000 to
Q55: Company had a total bi-weekly payroll of
Q56: What are the current International Financial Reporting