Which of the following factors determines the amount that a firm would have invested in accounts receivable?
A) collection efforts
B) the percentage of credit sales to total sales
C) the volume of sales
D) the terms of sale
E) All of the above

Question

Quizplus · Accepted Answer

All of the above factors determine the amount a firm would have invested in accounts receivable. Collection efforts, the percentage of credit sales to total sales, the volume of sales, and the terms of sale all impact the amount that a firm has invested in accounts receivable.

Which of the Following Factors Determines the Amount That a Firm