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Question 13 0.5 pts Countryside Corporation's receivables turnover ratio decreased from 14.1 last year to 11.8 this year. Which of the following statements is correct?

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Question 13 0.5 pts Countryside Corporation's receivables turnover ratio decreased from 14.1 last year to 11.8 this year. Which of the following statements is correct? O This is an indication that the company is buying and selling financial assets less rapidly. O This is an indication that the company is experiencing declining credit costs D This could be an indication that the company is using more efficient collection methods D This indicates that the company is taking longer to collect credit payments

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