Bank of Royal's Credit Manager, Massimo Rozzi Is Interested in Assessing

Multiple Choice

Bank of Royal's credit manager, Massimo Rozzi is interested in assessing the efficiency, profitability and liquidity of Spherion PLC.Rozzi has collected the following data for Spherion: $\begin{array}{llll}&2015&2014&2013\\\text { Days of sales outstanding } & 28 & 25 & 23 \\\text { Days of inventory on hand } & 32 & 34 & 40 \\\text { Number of days of payables } & 40 & 35 & 35\end{array}$ Based on this data, what is Rozzi least likely to conclude?

A) Management is aggressively recognizing revenues.
B) Inventory management has contributed to improved liquidity.
C) Management of payables has contributed to improved liquidity.
D) Management of receivables has contributed to improved liquidity.