A High Accounts Receivable Turnover Indicates

question 174

Multiple Choice

A high accounts receivable turnover indicates

• 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:

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An individual's sense of resolve or determination, the intention and aim guiding action or the reason for which something exists or is done.

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A stage of Erik Erikson's theory of psychological development where children aged roughly 3-5 years balance eagerness to attempt new tasks with the risk of feeling guilty for unintended consequences.

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