The Days to Collect Receivables Increased from 32 Days Last

question 198

Multiple Choice

The days to collect receivables increased from 32 days last year to 48 days this year.Which of the following statements is correct?

• A)The company is likely to see its Bad Debt Expense decrease.
• B)The company is becoming more efficient at collecting payment.
• C)The receivables turnover rate must have increased from last year to this year.
• D)The receivables turnover rate decreased from approximately 11.4 to 7.6 from last year to this year.

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The process by which skeletal muscles—those attached to bones by tendons—generate force, leading to movement or the maintenance of posture.

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The biological process involving the inhalation of oxygen and the exhalation of carbon dioxide, essential for life.