Which of the following indicates an improvement in the management of accounts receivable?
A) An increase in the average collection time for accounts receivable.
B) A change in the average collection period from 34 days to 39 days.
C) An extension of the time taken to collect debts to beyond the allowed credit period.
D) A change in the number of times debtors are turned over per year from 8.32 times to 10.85 times.
Correct Answer:
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