In 2012,T Co

question 100

Multiple Choice

In 2012,T Co.reported a receivables turnover ratio of 11.1 and their competitor,WWW Co.,reported a ratio of 4.6.Which of the following is true?

• A)T Co.needs to decrease their ratio in order to improve collection time
• B)WWW Co.has done a better job of collecting their receivables than T Co.
• C)WWW Co.needs to focus on improving their credit and collection process
• D)All of the statements are true

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A structured group of people working together towards common goals.

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The blend of traits or attributes that create a person's unique personality.

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