If accounts receivable turnover is faster, this means that fewer days are required to collect receivables

a. True
b. False
Indicate whether the statement is true or false


True

Business

You might also like to view...

Which of the following is considered a core driver of the information age?

A. Knowledge B. Information C. Business Intelligence D. All of these

Business

All of the following are true statements about Confucianism EXCEPT ______.

A. advocates for the Golden Rule B. promotes personal virtue or character C. emphasizes that people are social creatures D. forbids making a profit

Business

There is little or no difference between wholesalers' customers and retailers' customers.

Answer the following statement true (T) or false (F)

Business

An instant noodles brand, upon the release of its product, attracted customers by offering a 50 percent discount on the purchase of two family packs. Once the brand had gained attention, this discount was removed and the product was priced similar to the competing brands in the market. This pricing strategy is an example of

A. introductory price dealing. B. a skimming price policy. C. F.O.B. pricing. D. negotiable price dealing. E. a penetration pricing policy.

Business