If a Company Factors Its Receivables,its Receivables Turnover Ratio Will

question 79

True/False

If a company factors its receivables,its receivables turnover ratio will be higher than it would have been if the receivables had not been factored.

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Definitions:

Environmental Benefit

Positive effects or outcomes on the natural environment, including improved air and water quality, biodiversity preservation, and ecosystem resilience.

Urbanization

The process by which towns and cities are formed and become larger as more people begin living and working in central areas.

Air Pollution

The presence of substances in the air that are harmful to the health of humans and other living beings or cause damage to the climate or materials.

Mexico City

The densely populated capital of Mexico, known for its rich cultural heritage and significant environmental challenges.