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book Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby cover

Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

Edition 4ISBN: 978-0078025372
book Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby cover

Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

Edition 4ISBN: 978-0078025372
Exercise 54
Which of the following would not directly change the receivables turnover ratio for a company
A) Increases in the selling prices of your inventory.
B) A change in your credit policy.
C) Increases in the cost you incur to purchase inventory.
D) All of the above would directly change the receivables turnover ratio.
Explanation
Verified
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Receivable turnover ratio is calculated ...

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Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
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