Financial Accounting, 8th Edition
Financial Accounting, 8th Edition
8th Edition
ISBN: 9780078025556
Author: Robert Libby, Patricia Libby, Daniel Short
Publisher: McGraw-Hill Education
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Chapter 9, Problem 6MCQ

Which of the following transactions would usually cause accounts payable turnover to increase?

  1. a. Payment of cash to a supplier for merchandise previously purchased on credit.
  2. b. Collection of cash from a customer.
  3. c. Purchase of merchandise on credit.
  4. d. None of the above.
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Financial Accounting, 8th Edition

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