A Decrease in Accounts Receivable Turnover Ratio Is Indicative Of

question 138

Multiple Choice

A decrease in accounts receivable turnover ratio is indicative of:

• A)an increase in sales revenue.
• B)slower-selling inventory.
• C)an increase in accounts receivable.
• D)a decline in cost of goods sold.

---

Definitions:

Food

Any nutritious substance that organisms eat, drink, or otherwise take in to maintain life and growth.

Monthly Income

A measure of the total earnings or revenue generated by an individual, household, or entity within a month.

Hamburger

A popular food item consisting of a cooked patty of ground meat, typically beef, placed inside a sliced bun, often served with various condiments and toppings.

Price

The price one must pay to acquire a good or service.