A High Receivable Turnover Indicates That

question 109

Multiple Choice

A high receivable turnover indicates that

• A) many customers are defaulting on their debts.
• B) a large proportion of the company's sales is on credit.
• C) the company's inventory is moving very quickly.
• D) customers are making payments very quickly.

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Definitions:

Automated Software Programs

Computer applications that operate with minimal human intervention, designed to execute a series of tasks or functions automatically.

Web Content

The textual, visual, or aural content that is encountered as part of the user experience on websites.

Zero Moment

The moment when a consumer begins to seek out information online before making a buying decision.

Retail Environment

The physical or online setting in which products or services are sold to consumers, including layout, design, and overall shopping ambiance.