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