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Author Question: Which statement about accounts receivable is correct? (Read 7 times)

majortom123

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Which statement about accounts receivable is correct?

If a firm increases its sales while holding its accounts receivable constant, then, other things held constant, its days’ sales outstanding (DSO) will decrease.


If a firm increases its sales while holding its accounts receivable constant, then, other things held constant, its days’ sales outstanding (DSO) will increase.


If a firm increases its accounts receivable while holding its sales constant, then, other things held constant, its days’ sales outstanding (DSO) will decrease.


If a firm’s days’ sales outstanding (DSO) was higher than the industry average and kept increasing, this would be interpreted as a positive sign and the firm would collect the receivables easily.



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Marked as best answer by majortom123 on Aug 7, 2023

ElaneShive

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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majortom123

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Reply 2 on: Aug 7, 2023
Great answer, keep it coming :)


chjcharjto14

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Reply 3 on: Yesterday
:D TYSM

 

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