What Should a Company Do to Improve Its Accounts Receivable

question 85

Multiple Choice

What should a company do to improve its accounts receivable turnover rate?

• A) Lower its selling prices.
• B) Increase its sales force.
• C) Give customers credit terms of 2/10, n/30 rather than 1/10, n/30.
• D) Reduce the number of employees working in the credit department.

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Definitions:

Germinal

Pertaining to the earliest stage of embryonic development, from conception to approximately two weeks, when the zygote begins to divide and grow.

Totipotent Stem Cells

Cells that have the potential to grow into a complete embryo and, ultimately, to become a normal, healthy infant.

Neural Cells

Are the basic building blocks of the nervous system, including neurons and glial cells, responsible for transmitting and processing information.

Tissue Cell

The basic structural and functional units of tissue, groupings of cells that perform a similar function.