
Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
Edition 4ISBN: 978-0078025372
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.
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
Receivable turnover ratio is calculated ...
Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby
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