asked 10.2k views
2 votes
What does a higher accounts receivable turnover ratio indicate? A) the company collects its short-term debts efficiently. B) company has too few assets. C) sales of the company is declining. D)profit of the business is high and the cost of the capital is low.

2 Answers

5 votes

Answer:

A) the company collects its short-term debts efficiently.

Step-by-step explanation:

plato - got it correct

answered
User Andrralv
by
8.2k points
1 vote
I would say A

Hope this helps

~Jordan~
answered
User WooDzu
by
8.7k points
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