In 2012,T Co

Multiple Choice

In 2012,T Co.reported a receivables turnover ratio of 11.1 and their competitor,WWW Co.,reported a ratio of 4.6.Which of the following is true?

A) T Co.needs to decrease their ratio in order to improve collection time
B) WWW Co.has done a better job of collecting their receivables than T Co.
C) WWW Co.needs to focus on improving their credit and collection process
D) All of the statements are true