Which of the following actions is least likely to increase a company's accounts receivable turnover? a. Encouraging
Question:
Which of the following actions is least likely to increase a company's accounts receivable turnover?
a. Encouraging customers to use bank credit cards, such as Visa and MasterCard, rather than other national credit cards, such as American Express.
b. Offer customers larger cash discounts for making early payments.
c. Reduce the interest rate charged to credit customers.
d. Sell accounts receivable to a factor.
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Related Book For
Financial Accounting
ISBN: 9780077328702
15th Edition
Authors: Jan Williams, Sue Haka, Mark Bettner, Joseph Carcello
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