In 20z3, Toys 4 U had account payables turnover ratio of 6.08; in 20z2, 5.87; and...
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In 20z3, Toys 4 U had account payables turnover ratio of 6.08; in 20z2, 5.87; and 5.45 in 20z1. Which of the following statements is true about what the ratios indicate?In 20z3, Toys 4 U had account payables turnover ratio of 6.08; in 20z2, 5.87; and 5.45 in 20z1. Which of the following statements is true about what the ratios indicate? A.Toys 4 U is taking less time to pay vendors in 20Z3 than it took in both 20Z2 and 20Z1. B.Toys 4 U has been increasing its average payables at a faster rate than its cost of sales has increased. C. Toys 4 U is taking longer to pay its vendors in 20Z3 versus 20zp. D.Toys 4 U is taking less time to collect from its customers. In 20z3, Toys 4 U had account payables turnover ratio of 6.08; in 20z2, 5.87; and 5.45 in 20z1. Which of the following statements is true about what the ratios indicate?In 20z3, Toys 4 U had account payables turnover ratio of 6.08; in 20z2, 5.87; and 5.45 in 20z1. Which of the following statements is true about what the ratios indicate? A.Toys 4 U is taking less time to pay vendors in 20Z3 than it took in both 20Z2 and 20Z1. B.Toys 4 U has been increasing its average payables at a faster rate than its cost of sales has increased. C. Toys 4 U is taking longer to pay its vendors in 20Z3 versus 20zp. D.Toys 4 U is taking less time to collect from its customers.
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