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    Essentials of Entrepreneurship
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    Exam 12: Creating a Successful Financial Plan
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    If a Company's Average Payable Period Ratio Is Significantly Lower
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If a Company's Average Payable Period Ratio Is Significantly Lower

Question 140

Question 140

True/False

If a company's average payable period ratio is significantly lower than the credit terms vendors offer, it may be a sign that the company is not using its cash most effectively.

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