Which of the following statements is true?

Select one:

to $.$

As a general rule, management wants to reduce the company's average collection period.

b $.$

As a general rule, management wants to reduce the company's accounts receivable turnover ratio.

c $.$

As a general rule, management wants to increase the company's average collection period.

d $.$

As a general rule, a company is not financially affected by the amount of time required to obtain its accounts receivable.