The Days- To- Collect Increases from 32 to 48

question 96

Multiple Choice

The days- to- collect increases from 32 to 48.Which of the following statements is true?

• A)The company is likely to see its bad debt expense fall.
• B)The receivables turnover rate rises by 50%.
• C)The company is becoming more efficient at collecting payment.
• D)The receivables turnover rate falls from approximately 11.4 to 7.6.

---

Definitions:

Prereflective Thinkers

Individuals who accept ideas and beliefs passively without critical examination or reflection.

Certainty

The state of being sure or confident about something, often without any doubt.

Opinions

Personal beliefs or judgments that are not necessarily based on fact or knowledge.

Valid

A term used to describe something that is logically sound, well-grounded, or legally acceptable.