11-26-2009, 05:04 AM
Ratio = (Average accounts payable* / purchases during the year) x 365 days
*Average A/C payable = (opening balance of A/C payable + closing balance of A/C payable) / 2
Regards,
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Ratio = (Average accounts payable* / purchases during the year) x 365 days *Average A/C payable = (opening balance of A/C payable + closing balance of A/C payable) / 2 Regards, 
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| Messages In This Thread |
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[No subject] - by kamranACA - 11-26-2009, 05:04 AM
[No subject] - by taragbeh - 11-26-2009, 05:08 AM
[No subject] - by kamranACA - 11-26-2009, 05:15 AM
[No subject] - by taragbeh - 11-26-2009, 05:18 AM
[No subject] - by kamranACA - 11-26-2009, 05:28 AM
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