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The Accounts Receivable Turnover increased from 10.0 in the prior year ro 12.0 in the current year: A.This is an improvement of the ratio. Accounts
The Accounts Receivable Turnover increased from 10.0 in the prior year ro 12.0 in the current year:
A.This is an improvement of the ratio. Accounts Receivable are being collected more slowly
B.This is a worsening of the ratio. Accounts Receivable are being collected more quickly.
C.This is a worsening of the ratio. Accounts Receivable are being collected more slowly.
D.. This is an improvement of the ratio. Accounts Receivable are being collected more quickly.
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