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Which of the following statements is most correct? If a company lowers its DSO, but no changes occur in sales or operating costs, then a.
Which of the following statements is most correct? If a company lowers its DSO, but no changes occur in sales or operating costs, then
a. | the company might well end up with a higher debt ratio. | |
b. | the company might well end up with a lower debt ratio. | |
c. | the company would probably end up with a higher ROE. | |
d. | the company's total asset turnover ratio would probably decline. | |
e. | none of the above is a correct statement. |
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