An increase in the firms receivable turnover ratio means that-11041
An increase in the firms receivable turnover ratio means that __________.
This multiple choice question (MCQ) is related to the book/course vu fin622 Corporate Finance. It can also be found in vu fin622 Final Term - Quiz No.16.
An increase in the firms receivable turnover ratio means that __________.
It has initiated more liberal credit terms with no increase in sales
It is collecting credit sales more quickly than before
Cash sales have decreased
Inventories have increased