A low receivables turnover indicates that
A) few customers are defaulting on their debts.
B) a large proportion of the company's sales are on credit.
C) the company's inventory is moving very quickly.
D) customers are making payments slowly.
D
You might also like to view...
?If sales of a firm exactly equals investor expectations, stock price of the firm
A. is expected to increase. B. is expected to decrease. C. is expected to remain the same. D. ?can increase or decrease depending on the volume of stocks being traded.
As generally conceived, the audit committee of a publicly held company should be made up of:
A. representatives from the client's management, investors, suppliers, and customers. B. members of the board of directors who are not officers or employees. C. representatives of the major equity interests (preferred stock, common stock). D. the audit partner, the chief financial officer, the legal counsel, and at least one outsider.
By 2020, it is estimated that advertisers will be spending which of the following amounts on mobile marketing?
A. $11.3 million B. $113 million C. $11.3 billion D. $113 billion
The ________ system captures, processes, and reports a company's accounting transactions during a period
a. periodic information b. accounting information c. company information d. process information