Asked by
Ryleigh Curtis
on Oct 09, 2024Verified
All other things the same, when a company increases its inventories in anticipation of later higher sales, the accounts receivable turnover ratio for the current period increases.
Accounts Receivable Turnover
A financial ratio that measures how efficiently a company collects debts from its customers.
- Understand the connection between sales management and the management of receivables.
Verified Answer
TO
Learning Objectives
- Understand the connection between sales management and the management of receivables.
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