An acceleration in the collection of receivables will tend to cause the accounts receivable turnover to A Increase B Decrease C Remain the same D Either increase or decrease E None of the above ...

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An acceleration in the collection of receivables will tend to cause the accounts receivable turnover to: A.

Question:

An acceleration in the collection of receivables will tend to cause the turnover to:
A. Increase
B. Decrease
C. Remain the same
D. Either increase or decrease
E. None of the above
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...