Which of the following is not likely to be the cause of a company's low accounts receivable turnover?
A)Poor collection efforts
B)Low price of product
C)Customers in financial distress
D)Delays in customer payments

Question

Quizplus · Accepted Answer

The price of a product does not directly affect accounts receivable turnover, as this ratio measures how quickly a company collects payments from its customers. Poor collection efforts, customers in financial distress, and delays in customer payments all have a negative impact on accounts receivable turnover.

Which of the Following Is Not Likely to Be the Cause