Question: A decrease of receivables turnover ratio indicates: a. customers are making payments faster. b. the average accounts receivable has decreased. c. a small portion of
A decrease of receivables turnover ratio indicates:
a. customers are making payments faster.
b. the average accounts receivable has decreased.
c. a small portion of the company's sales are on credit.
d. customers are making payments slower.
e. the company's total sales have decreased.
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