Explain whether suppliers would prefer to do business with companies that have a higher accounts payable turnover

Question:

Explain whether suppliers would prefer to do business with companies that have a higher accounts payable turnover ratio or ones with a lower accounts payable turnover ratio.

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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