The Accounts Receivable Turnover is calculated by taking Net Sales and dividing it by Average Accounts Receivable.

Question: If a company wishes to improve its Accounts Receivable Turnover rate, which of the following would be the best strategy?

Select one: a. Offer customers credit terms of 2/10, n/30 instead of terms 1/10, n/60 b. Increase its sales force c. Lower its selling prices d. Reduce the number of employees working in the Accounts Receivable department