Question: Receivables - Receivables on a Balance Sheet, Acid - Test Ratio, Days' Sales in Receivables, Accounts Receivable Turnover Ratio for CreditCard, Debit - Card, and
Receivables Receivables on a Balance Sheet, AcidTest Ratio, Days' Sales in Receivables, Accounts Receivable Turnover Ratio for CreditCard, DebitCard, and CreditDebitCard
A decrease in a firm's receivable turnover ratio means that
A it is collecting credit sales more quickly than before
B it is collecting credit sales more slowly than before
C sales have gone down
D inventories have gone up
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