Business, 07.12.2019 01:31 kebaby9930

If accounts receivable turnover (credit sales/receivables) was 7.1 times last year compared to only 5.6 times in the current year, it is possible that there were: a. fictitious sales in the current year. b. unrecorded credit sales in the current year. c. more thorough credit investigations made by the company late last year. d. unrecorded cash receipts last year.

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If accounts receivable turnover (credit sales/receivables) was 7.1 times last year compared to only...

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