A High Accounts Receivable Turnover Ratio Indicates

question 109

Multiple Choice

A high accounts receivable turnover ratio 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:

Sucrase

An enzyme that catalyzes the hydrolysis of sucrose into glucose and fructose.

Nuclease

An enzyme that cuts DNA or RNA by breaking their phosphodiester bonds, playing roles in DNA repair, replication, and the maintenance of genome stability.

Lactase

An enzyme that breaks down lactose into glucose and galactose, facilitating the digestion of milk products.

Antioxidant

Chemical agent that fights cell-destroying chemical substances called free radicals.