Which of the following best represents a positive product of a lower number of days sales in
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Which of the following best represents a positive product of a lower number of days’ sales in receivables ratio?
A. Collection of receivables is quick, and cash can be used for other business expenditures
B. Collection of receivables is slow, keeping cash secured to receivables
C. Credit extension is lenient
D. The lender only lends to the top 10% of potential creditors
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Related Book For 
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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