A Decrease in Receivables Turnover Ratio Is Indicative Of

question 28

Multiple Choice

A decrease in receivables 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.

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Definitions:

Marketing Loans

Loans provided to agricultural producers, typically by a government, using the harvested crops as collateral, allowing farmers to hold their products for higher future prices.

Absolute Increases

Refers to outright growth in a specific numerical value, such as income, over a period, without adjustments for factors like inflation.

Relative Increases

Comparisons of growth or expansion in different areas or items, measured in proportionate terms rather than absolute numbers.

Farm Employment

Jobs and labor directly involved in the agricultural sector, including farming, dairy, fisheries, and other activities related to the cultivation and harvesting of products.