A Receivables Turnover Ratio That Is Significantly Higher Than the Industry

question 120

Multiple Choice

A receivables turnover ratio that is significantly higher than the industry average may indicate

• A)a collection problem.
• B)that a company's credit-granting policies are too loose.
• C)that a company's collection period is higher than the industry.
• D)that a company's credit-granting policies are too tight.

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