+1 vote
in Class 12 by kratos

An increase in the firm'* receivable turnover ratio means that:

a) it is collecting credit sales more quickly than before.

b) cash sales have decreased.

c) it has initiated more *** credit terms.

d) inventories have increased

1 Answer

+2 votes
by kratos
 
Best answer

a) it is collecting credit sales more quickly than before.

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