Which of the following is a sign that a company cannot quickly turn its receivables into cash?

Question

Quizplus · Accepted Answer

A low receivables turnover ratio indicates that a company is taking a long time to collect its receivables, which means it cannot turn them into cash quickly. A high receivables turnover ratio and a low average collection period are both signs that a company is efficient at collecting its receivables and can turn them into cash quickly.

Which of the Following Is a Sign That a Company