Which of the Following Increases When Accounts Receivable Is Sold

question 71

Multiple Choice

Which of the following increases when accounts receivable is sold?

• A)Current ratio
• B)Accounts receivable turnover
• C)Debt-to-equity ratio
• D)Days' sales in receivables

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Definitions:

Social and Ethical Issues

Considerations that involve the impact of a company's actions on society and the adherence to moral principles.

Preconventional Level of Moral Development

The initial phase of moral development in Kohlberg's theory, where an individual's moral reasoning is based primarily on external consequences and individual needs.

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