Question: What does a low receivable turnover ratio indicate? Multiple Choice Cash collections are sluggish, taking longer to collect. Sales are growing. Customer payments are collected

What does a low receivable turnover ratio indicate?
Multiple Choice
Cash collections are sluggish, taking longer to collect.
Sales are growing.
Customer payments are collected relatively soon after the sale has been made.
Credit sales are much greater than cash sales.
What does a low receivable turnover ratio indicate? Multiple Choice Cash

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