Question
40) You are analyzing five companies that have the Payables Turnover rates that follow. If all of the companies otherwise have identical figures for all
40) You are analyzing five companies that have the Payables Turnover rates that follow. If all of the companies otherwise have identical figures for all other working capital accounts, which of the five companies most efficiently manages its working capital?
Company A: 21 days
Company B: 31 days
Company C: 40 days
Company D: 56 days
Company E: 72 days
Multiple Choice
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Company E
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Company A
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Company B
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Company D
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Company C
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Monetary Policy And Public Finance
Authors: G. C. Hockley
1st Edition
1138704792, 978-1138704794
