Days' payable is a measure of
A)liquidity.
B)volatility.
C)long-term solvency.
D)profitability.

Name: Days' payable is a measure of A)liquidity. B)volatility. C)long-term solvency. D)profitability.
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Question

Quizplus · Accepted Answer

Days' payable is a measure of liquidity, which measures the ability of a company to meet short-term obligations using its current assets. It represents the number of days it takes for a company to pay off its outstanding accounts payable.

Days' Payable Is a Measure of