If Trade Payable turnover ratio shows a high turnover ratio it means
A. Availability of less credit or fast payment
B. Profitability of the firm
C. Net Profit
D. Shows after how much times funds are collected
Answer:A
If Trade Payable turnover ratio shows a high turnover ratio it means
A. Availability of less credit or fast payment B. Profitability of the firm C. Net Profit D. Shows after how much times funds are collected