Which of the following would not directly change the receivables turnover ratio for a company? a. Increases
Question:
Which of the following would not directly change the receivables turnover ratio for a company?
a. Increases in the selling prices of your inventory.
b. A change in your credit policy.
c. Increases in the cost you incur to purchase inventory.
d. All of the above would directly change the receivables turnover ratio.
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The answer is c Increases in the cost you incur to purchase inventory Heres why Receivables turnover ...View the full answer
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Related Book For 
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
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