Which of the following actions is least likely to increase a company's accounts receivable turnover? a. Encouraging

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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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Financial Accounting

ISBN: 9780077328702

15th Edition

Authors: Jan Williams, Sue Haka, Mark Bettner, Joseph Carcello

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