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Accounting for IGCSE & O level - Advanced Principles (Section 3 - No. 41)

Which of the following is the best measure for evaluating a company's efficiency in managing its short-term liabilities?
Trade payables turnover
Inventory turnover
Current ratio
Debt-to-equity ratio

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The trade payables turnover is the best measure of the company's efficiency in managing its short-term liabilities.

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