Question
Which one of these changes indicates an improvement in a firm's asset management efficiency? A decrease in the receivables turnover rate An increase in the
Which one of these changes indicates an improvement in a firm's asset management efficiency?
| A decrease in the receivables turnover rate | ||
| An increase in the amount of sales per dollar of assets | ||
| An decrease in the inventory turnover rate | ||
| An increase in the average days in inventory |
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Financial Management Core Concepts
Authors: Raymond M Brooks
3rd edition
133866696, 978-0133866698
