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Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
Edition 16ISBN: 978-0077862381 Exercise 67
Which of the following actions is least likely to increase a company's accounts receivable turnover
a.ncouraging customers to use bank credit cards, such as Visa and MasterCard , rather than other national credit cards, such as American Express.
b.ffer customers larger cash discounts for making early payments.
c.educe the interest rate charged to credit customers.
d.ell accounts receivable to a factor.
a.ncouraging customers to use bank credit cards, such as Visa and MasterCard , rather than other national credit cards, such as American Express.
b.ffer customers larger cash discounts for making early payments.
c.educe the interest rate charged to credit customers.
d.ell accounts receivable to a factor.
Explanation
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Accounts receivable refers to a current ...
Financial accounting 16th Edition by Jan Williams,Susan Haka,Mark Bettner ,Joseph Carcello
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