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Links Cable Network Has Decided to Offer an One-Hour Appointment

question 89

Multiple Choice

Links Cable Network has decided to offer an one-hour appointment window for customers needing installation or repair of its service,which will require the company to have several technicians on call.Links hopes this practice will give it an advantage over the competition,none of which have adopted such a practice.It is introducing a(n) ______ change.


Definitions:

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects revenue from its credit sales, calculated by dividing net credit sales by the average accounts receivable.

Sales In Receivables

Likely refers to the concept of "Accounts Receivables" which are amounts owed by customers for goods or services delivered on credit.

Decimal Place

The position of a number to the right of the decimal point; each position represents a power of ten.

Comparative Income Statement

A financial statement that compares income, expenses, and net profit over multiple periods to assess performance.

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