Waltz Company reported its accounts receivable turnover ratio at 10 times. Its credit terms are 2/10, n/30. What does this ratio tell you about Waltz Company?

Name: Waltz Company reported its accounts receivable turnover ratio at 10 times. Its credit terms are 2/10, n/30. What does this ratio tell you about Waltz Company?
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The Answer of Waltz Company reported its accounts receivable turnover ratio at 10 times. Its credit terms are 2/10, n/30. What does this ratio tell you about Waltz Company?

Waltz Company Reported Its Accounts Receivable Turnover Ratio at 10