Which of the following changes in accounting ratios would please a company management concerned with cash flow
Question:
Which of the following changes in accounting ratios would please a company management concerned with cash flow problems in their company?
(a) Increase in gross profit ratio
(b) Increase in inventory turnover
(c) Decrease in payables turnover without obtaining extended credit period from suppliers
(d) Decrease in trade receivables turnover
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
b Incr...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
2+ Reviews
10+ Question Solved
Related Book For 
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
Question Posted:
