An increase in the days sales outstanding implies
A) an increase in inventory
B) receivables turn into cash more rapidly
C) receivables turn into cash more slowly
D) the price of the product has been reduced
Correct Answer:
Verified
Q42: Equity includes
A) cash
B) investments
C) retained earnings
D) assets
Q43: When an asset is depreciated,
A) its cost
Q44: The current ratio excludes
A) accrued interest
B) inventory
C)
Q45: Leverage ratios measure
A) extent to which the
Q46: Current liabilities do not include
A) short‑term bank
Q48: A high current ratio suggests that the
Q49: No matter which method of depreciation is
Q50: The use of accelerated depreciation
A) initially increases
Q51: Which of the following is a cash
Q52: Current assets include
A) plant
B) inventory
C) equipment
D) additional
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