Company A and Company B operate in the same industry and region. Compared to Company B, Company A has a low receivables turnover ratio and a correspondingly high average collection period. From this information, we can conclude that Company A is managing its receivables better than Company B. T/F

The answer is false

Explanation:

A high receivables turnover ratio means either that a company only recognise cash basis transactions or collection of accounts receivable is efficient and easy.

A low receivables turnover ratio ratio means the company is not collecting its accounts receivable on time which might lead to bad debt.

Average collection period is important for business. A lower average collection period is better than a higher average collection period.

previous business sales - c.

if kj of heat is transferred o 1200 g liquid water at 36'c, what would the new temperature of the water be? (he specific heat capacity of liquid water is 4.186 j/g''c)

a. 15'c

b.100'c

c.51'c

d.36'c