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during the year, Marion Produce's receivable collection period decreased from 45.4 to 41.6 days. the company makes sales only on credit. all customers are allowed
during the year, Marion Produce's receivable collection period decreased from 45.4 to 41.6 days. the company makes sales only on credit. all customers are allowed credit terms of 2/10, n/30. which is true?
a. the company is not doing well in collecting amounts due from customers
b. the company is earning less profit on its sales than it has in the past
c. the company is doing a better job in collecting amounts owed by customers
d the company is writing off more uncollectible accounts than it did in the past
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