Assuming stable business conditions, an increase in the accounts - 15725

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yousafbhutta

yousafbhutta

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  • From: Business,
  • Posted on: Tue 19 Mar, 2013
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Request Description

Assuming stable business conditions, an increase in the accounts receivable turnover ratio could be explained by:
 
stricter policies with respect to the granting of credit to customers.
 
an easing of policies with respect to the granting of credit to customers.
 
a slowdown in collecting accounts receivables from customers.
 
none of these.

                                       

Solution Description

 

Assuming stable business conditions, an increase in the accounts receivable turnover ratio could be explained by: