A High Receivables Turnover Ratio May Indicate That

question 86

Multiple Choice

A high receivables turnover ratio may indicate that

• A)customers are making payments quickly.
• B)a large portion of the company's sales are on credit.
• C)many customers are not paying their receivables.
• D)the company's sales have increased.

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Definitions:

Independent Research

The process of investigating a topic, problem, or question without direct supervision or influence, relying on one's initiative and resources to find answers or solutions.

Past Sales Figures

Historical data reflecting the quantity of products or services sold in previous periods, often used for trend analysis and forecasting.

Testimonials

Statements or endorsements by satisfied customers praising the value of a product or service, used as a marketing tool.

Sales Presentation

A pitch or demonstration aimed at marketing a product or service to potential buyers or clients, highlighting its benefits and value.