Recently, the United States was in a recession. What would be the expected effect of a recession

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Recently, the United States was in a recession. What would be the expected effect of a recession on accounts receivable turnover ratios?
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...
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Financial Accounting

ISBN: 978-0134436111

4th edition

Authors: Robert Kemp, Jeffrey Waybright

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