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Question5 1 pts Hoosier Company has a payable turnover ratio of 5. The industry average is 6. What does this indicate about Hoosier Company? O

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Question5 1 pts Hoosier Company has a payable turnover ratio of 5. The industry average is 6. What does this indicate about Hoosier Company? O Hoosier company is less profitable than the industry Hoosier company is more proftable than the industry O Hoosier Company pays its suppliers more slowly than the industry average. OHoosier Company pays its suppliers faster than the industry average

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