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    Business
  3. Study Set
    Accounting Business Reporting
  4. Exam
    Exam 8: Analysis and Interpretation of Financial Statements
  5. Question
    A High Times Debtors Turnover Indicates
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A High Times Debtors Turnover Indicates

Question 3

Question 3

Multiple Choice

A high times debtors turnover indicates


A) the entities sales have increased.
B) a large percentage of the entities sales are on credit.
C) customers are clearing debts more quickly.
D) customers are clearing debts more slowly.

Correct Answer:

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