Question: 1. A business is showing a decrease in receivables without a matching decrease in sales. This may indicate that the company has: Group of answer

1. A business is showing a decrease in receivables without a matching decrease in sales. This may indicate that the company has:

Group of answer choices

problems with collection of receivables.

become more effective at collecting its receivables.

an increased number of customers.

increased its terms of credit. 2.

Other things held constant, all of the following would tend to lengthen the cash conversion cycle, except

Group of answer choices

Offer longer payment terms to customers.

Continue to take all discounts that are offered and pay on the net date.

Take all discounts that are offered.

Carry a constant amount of receivables as sales decline.

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