Explain whether a companys suppliers would prefer the company to have a high accounts payable turnover or

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Explain whether a company’s suppliers would prefer the company to have a high accounts payable turnover or a low accounts payable turnover.
Accounts Payable
Accounts payable (AP) are bills to be paid as part of the normal course of business.This is a standard accounting term, one of the most common liabilities, which normally appears in the balance sheet listing of liabilities. Businesses receive...
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Understanding Financial Accounting

ISBN: 978-1118849385

1st Canadian Edition

Authors: Christopher Burnley, Robert Hoskin, Maureen Fizzell, Donald

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