Multiple Choice
Which of the following situations depicts the best receivables management?
A) Receivables turnover ratio increases and the days to collect decreases.
B) Receivables turnover ratio increases and the days to collect increases.
C) Receivables turnover ratio decreases and the days to collect increases.
D) Receivables turnover ratio decreases and the days to collect decreases.
Correct Answer:

Verified
Correct Answer:
Verified
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