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Accounts receivables reducing the average period

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If a company improves their timely collection of accounts receivables reducing the average period of time receivables are outstanding then receivables turnover has

a) increased

b) decreased

c) remained unchanged

d) can't be determined

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Accounting Basics: Accounts receivables reducing the average period

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Solution Preview :

Prepared by a verified Expert

Accounting Basics: Accounts receivables reducing the average period

Reference No:- TGS01738291

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Elasticity of demand in the authors position

Q : Measuring productivity and controllability

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Q : Compute the fica withholdings

Q : Accounts receivables reducing the average period

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Solution Preview :

Prepared by a verified Expert

Accounting Basics: Accounts receivables reducing the average period

Reference No:- TGS01738291

Recent Questions Asked Accounting Basics

Q : Elasticity of demand in the authors position

Q : Measuring productivity and controllability

Q : Employees to steal assets from company

Q : Compute the fica withholdings

Q : Accounts receivables reducing the average period

Q : Relationship between average and marginal productivity

Q : Mark to market accounting rule

Q : Amount of the factory overhead volume variance

Q : Richard and debbie taxable income for the year

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