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Which of the following statements about the interpretation of the receivables turnover ratio is not correct?A. Analysts often interpret a sudden increase in the receivables
Which of the following statements about the interpretation of the receivables turnover ratio is not correct?A. Analysts often interpret a sudden increase in the receivables turnover ratio as a signal of a developing problem. B.The smaller the receivables turnover ratio the larger the days to collect will be. C.A change in the receivables turnover ratio may indicate a change in the company's credit granting policies. D.A change in the receivables turnover ratio may indicate a change in economic conditions
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