Question:An increase in a firm's receivable turnover ratio means that: 

A it is collecting credit sales more quickly than before 
B cash sales have decreased 
C it has initiated more liberal credit terms 
D it's inventories have increased 

+ Answer
B 

+ Explanation
answer not sure

+ Report

Md. Habib Ullah

Editor, VCampus

Your Name

Your Email

Type of Report
Spelling MistakeIncorrect AnswerGrammar MistakeContent MissingImproper Text FormatInsufficient AnswerDuplicate QuestionImproper Sentence StructureImproper Equation/FormulaOther

Description