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Edger & Company has an accounts payable turnover of 5.6, while Salerno Industries has an accounts payable turnover of 8.9. Which company is more liquid?
Edger & Company has an accounts payable turnover of 5.6, while Salerno Industries has an accounts payable turnover of 8.9. Which company is more liquid? O A. Salerno Industries OB. Edger&Company C. Both are equally liquid O D. Unknown because accounts payable turnov er is not a measure of liquidity
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