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Noble Companys accounts receivable turnover was 18.2 in Year 1 and 24.6 in Year 2. This change in accounts receivable turnover indicates that the A.company
- Noble Companys accounts receivable turnover was 18.2 in Year 1 and 24.6 in Year 2. This change in accounts receivable turnover indicates that the
- A.company isnt selling its inventory as fast.
- B.company is selling its inventory faster.
- C.companys customers are paying faster.
- D.companys customers are paying slower.
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Managerial Accounting
Authors: Wendy M. Tietz, Louis Beaubien, Karen W. Braun
3rd Canadian edition
134460826, 134460820, 9780134524818 , 978-0134526270
