During 2012,the Accounts Receivable Turnover Rate for Adaptive Equipment Increased

question 6

Multiple Choice

During 2012,the accounts receivable turnover rate for Adaptive Equipment increased from 10 to 15 times per year.Which one of the following statements is the most likely explanation for the change?

• A)The company's credit department has followed up with customers whose account balances are past due in order to generate quicker collections.
• B)The company has decreased sales to its most credit worthy customers.
• C)The company has increased the amount of time customers have to pay their accounts before they are past due.
• D)The company has extended credit to more risky customers in order to increase sales.

Recognize the significance of social stratification and governance in the development of civilizations.

Understand the importance of urban planning and architectural achievements in ancient cities.

Identify the continuous and changing aspects of urban life from ancient to modern times.

Analyze the impact of natural resources and geography on the development of ancient civilizations.

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Definitions:

μ

The sign typically utilized to denote the average or mean in math and statistical analysis.

Poisson Distribution

A numerical distribution detailing the probability of specific event counts happening over a determined timeframe or spatial range.

Negative Exponential Distribution

A probability distribution used to model the time between events in a Poisson process, representing the decay of quantities.

Average Arrival Rate

A metric used in queueing theory indicating the average number of entities (people, items, etc.) arriving at a system or service point per unit of time.