Multiple Choice
XYZ Corp.has improved its average collection period from 55 to 40 days.Which one of XYZ are other ratios may appear worse as a result of the improved receivables collection?
A) Inventory turnover
B) Quick ratio
C) Net profit margin
D) Return on equity
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q66: Return on assets and return on equity
Q68: When Tri-C Corp.compares its ratios to industry
Q113: If a firm's average collection period is
Q115: The board of directors is dissatisfied with
Q116: A firm has $600,000 in current assets
Q117: Measures of a firm's efficiency with respect
Q118: A firm with below average earnings growth
Q119: The use of debt in the firm's
Q122: If the current liabilities now shown on
Q123: If Dotte's Doors Corporation merges with its