6 of 34 (6 comple The financial statement that reports the changes in all categories of equity during the period is called the O A. statement of changes in financial position O B. statement of retained earings C. statement of shareholders' equity O D. statement of income A very high accounts receivable tumover would most likely indicate that: O A. net credit sales for the year have been understated OB. policies for extending credit to customers are too tight O C. accounts receivable balances have been overstated O D. the company is unsuccessful in its efforts to collect cash from customers