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Suning Commerce Group is one of Chinars langests non - government tetilers of home appliances. Headquarbered in Nanjing suring has more than 1 0 0
Suning Commerce Group is one of Chinars langests nongovernment tetilers of home appliances. Headquarbered in Nanjing suring has more than thores nationwide, in this Fical year, Suning reported significantly higher receivables turnover ratios complored to the same period last year, Which of the following would best explan the increase in receivables turnover?
Select one:
A Suaing installed a new imventory management sylbem, allowing more efficient inventory management.
Suring adopted new credi policies lats year and began offering credit so customers with weak credit histories.
C Due to problemet with an error in its old oredit sconing system, Soning had accumulated a substancial amount of uncoliectible accounts and wiote off a larpe amount of its receivables.
D To match the bermis offered by its closest competitor, Saning adopted new payment Serms now requiring net payment within lo days rather than days, which had been its previous requirement.
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