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Author Question: Which statement about accounts receivable is correct? (Read 36 times)

majortom123

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on: Aug 7, 2023
Which statement about accounts receivable is correct?

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


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


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


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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.

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
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Marked as best answer by majortom123 on Aug 7, 2023

ElaneShive

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Reply #1 on: Aug 7, 2023
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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Only 39% of students answer this correctly

This really is helpful if you have clipped a ton of coupons will all be in one place so you're not paying a lot of time uncovering them. homesite

majortom123

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

phuda

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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