Solved

A High Accounts Receivable Turnover Ratio Indicates

Question 109

Multiple Choice

A high accounts receivable turnover ratio indicates


A) customers are making payments quickly.
B) a large portion of the company's sales are on credit.
C) many customers are not paying their receivables.
D) the company's sales have increased.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions