Discuss about what happens to average collection period

Assignment Help Accounting Basics

Reference no: EM13824421

Question-

If the company's accounts receivable turnover is increasing, the average collection period:

a). is going up slightly

b). is going down

c). could be moving in either direction

d). is going up by a significant amount

Additional Requirement-

The question belongs to Accounting and it discusses about what happens to average collection period when accounts receivable turnover increasing.

Reference no: EM13824421

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