Please explain the difference between the debt/equity ratio (total liabilities/ common stock) and the account payable turnover(cogs/ average accounts payable)?

The difference between the debt/equity ratio and the account payable turnover is that the form shows much debt a company is using to finance its assets relative to the value of shareholders' equity while the latter shows how efficient a company is at paying its suppliers and short-term debts.What is a debt/equity ratio?This is an accounting ratio that is is used to evaluate a company’s financial leverage and is calculated by dividing a company’s total liabilities by its shareholder equity. This ratio is an important metric in corporate finance as its measures the degree to which a company is financing its operations with debt rather than its own resources. The debt-to-equity ratio is a particular type of gearing ratio.What is an account payable turnover?An accounts payable turnover is an accouting tool that measures how quickly a business makes payments to creditors and suppliers that extend lines of credit. Most professionals quantify this ratio by calculating the average number of times the company pays its AP balances during a specified time period.Read more about debt/equity ratiobrainly.com/question/27993089#SPJ1