Which of these indicates an improvement in the management of accounts receivable?
A) An extension of the time taken to collect debts to beyond the normal credit period.
B) A increase in the average collection time for accounts receivable.
C) A change in the average collection period from 36 days to 39 days.
D) A change in the number of times debtors are turned over per year from 10.29 times to 11.61 times.
Correct Answer:
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