A high times debtors turnover indicates
A) the entities sales have increased.
B) a large percentage of the entities sales are on credit.
C) customers are clearing debts more quickly.
D) customers are clearing debts more slowly.
Correct Answer:
Verified
Q29: Capital structure ratios are also known as:
A)profitability
Q30: The current ratio is also known as
Q31: Westbury Pty Ltd has a current ratio
Q32: The current ratio is a
A)Liquidity ratio.
B)Cash flow
Q33: Morgan Trading Pty Ltd has the
Q35: Which statement is true?
A)If the equity ratio
Q36: Which of these is not considered to
Q37: Which statement is not correct?
A)Low liquidity ratios
Q38: Greenfields Pty Ltd has a quick asset
Q39: If creditors allow 30 days from the
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