UPS has a Payables Turnover of 3.84 Payables turnover = Cost of revenue Accounts payable 19,930

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UPS has a Payables Turnover of 3.84 Payables turnover = Cost of revenue ÷ Accounts payable 19,930 ÷ 5,188 = 3.84 What does this mean/indicate?

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Auditing A Risk Based Approach to Conducting a Quality Audit

ISBN: 978-1305080577

10th edition

Authors: Karla Johnstone, Audrey Gramling, Larry E. Rittenberg

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Posted Date: Feb 16, 2024 05:54 AM

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UPS has a Payables Turnover of 3.84 Payables turnover = Cost of revenue Accounts payable 19,930

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A payables turnover of 384 for UPS indicates how efficiently they manage their accounts payablespeci... View the full answer

Auditing A Risk Based Approach to Conducting a Quality Audit

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