Don't give answer in image format Knowledge Check 01Roberts Company reported the following information:Accounts PayablesBeginning of yearEnd of yearNot salesCost of goods soldS75,000125,0001,600,000800,000What is the company's accounts payable turnover ratio? (Round your answer to 1 decimal place.)Accounts payable turnover ratio

Account payable turnover ratio = The accounts payable turnover ratio, also known as the payable…

Knowledge Check 01 Roberts Company reported the following information: Accounts Payables beginning of year End of year Set sales Cost of goods sold 75.000 125,000 1,600,000 800,000 What is the company's accounts payable turnover ratio? (Round your answer to 1 decimal place.) Accourts payable turnover ratio

Knowledge Check 01 Roberts Company reported the following information: Accounts Payables beginning of year End of year Set sales Cost of goods sold 75.000 125,000 1,600,000 800,000 What is the company's accounts payable turnover ratio? (Round your answer to 1 decimal place.) Accourts payable turnover ratio

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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