Use the Information Above to Answer the Following Question

question 10

Multiple Choice

Use the information above to answer the following question.If the company changes its credit granting policies and begins granting credit to less creditworthy customers,which of the following statements is true regarding the likely effect on the receivables turnover ratio and the days to collect measure?

• A)The receivables turnover ratio will decrease and days to collect will increase.
• B)The receivables turnover ratio will increase and days to collect will increase.
• C)The receivables turnover ratio will decrease and days to collect will decrease.
• D)The receivables turnover ratio will not change and days to collect will decrease.

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Definitions:

Cloud

A technology that allows for the storage, management, and processing of data over the internet, instead of on local servers or personal computers.

Data Visualization

The graphical representation of information and data. By using visual elements like charts, graphs, and maps, data visualization tools provide an accessible way to see and understand trends, outliers, and patterns in data.

Reasoning Tasks

Activities or problems designed to engage cognitive processes for the purpose of arriving at conclusions or making decisions.

Data Visualization

The practice of representing data in graphical or pictorial format to make information easily understandable.