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Hi ! I need to compute the Accounts Payable Turnover by using: A/P turnover = Credit Inv. Purchases/Average Payables, can you please recap to me

Hi ! I need to compute the Accounts Payable Turnover by using:

A/P turnover = Credit Inv. Purchases/Average Payables, can you please recap to me what is exactly the Credit Inv. Purchases ? what is the easiest way to identify the associated numbers in the Balance Sheet ?

Waiting a reply

Thanks

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