Question: For the most significant changes ( 2 5 % or more ) , look at the other ratios and cite at least one other change
For the most significant changes or more look at the other ratios and cite at least one other change that may have contributed to the change in the ratio that you are discussing.
Part
The average collection period decreased by
negative
This could be because:Select the best answer below.
A
the accounts receivable decreased due to lower sales.
B
there has been a change in credit terms.
C
there has been quicker collection.
D
all of the above.
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