A short accounts receivable turnover ratio may mean all of the following except:
A)That the company is realizing cash from sales in a short time period.
B)Fewer old receivables that may prove to be uncollectible.
C)That customers are dictating the payment terms.
D)All of these choices are correct.

Question

Quizplus · Accepted Answer

A short accounts receivable turnover ratio indicates efficient collection of receivables, not that customers are dictating payment terms.

A Short Accounts Receivable Turnover Ratio May Mean All of the Following