Home › Bihar Board Class 12 (Commerce) › Accountancy › Analysis of Financial Statements: Tools and Accounting Ratios › Higher trade receivables turnover implies what?
Higher trade receivables turnover implies what?
ASpeedy debtor collection
BSlow payment by debtors
CMore cash sales only
DA smaller customer base
Answer & Solution
Correct answer: A. Speedy debtor collection
More turnovers a year means debtors are paying quickly.
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