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Which ratio indicates the speed with which amount is being paid to the creditors?
  • a)
    Trade payables turnover ratio
  • b)
    Trade receivables ratio
  • c)
    Inventory turnover ratio
  • d)
    None of the above
Correct answer is option 'A'. Can you explain this answer?
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Which ratio indicates the speed with which amount is being paid to the...
Trade payables turnover ratio indicates the speed with which amount is being paid to creditors.
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Which ratio indicates the speed with which amount is being paid to the creditors?a)Trade payables turnover ratiob)Trade receivables ratioc)Inventory turnover ratiod)None of the aboveCorrect answer is option 'A'. Can you explain this answer?
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