The term accounts receivable is used to describe ________
A) amounts owed to creditors
B) amounts due from customers as a result of credit sales
C) amounts that have already been collected from customers
D) amounts owed to suppliers
B
Business
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The accounts receivable turnover ratio increased significantly over a 2 year period. this trend count indicate that:
a. the A/R aging has deteriorated b. the company has eliminated its discount policy c. the company is more aggressively collecting customer accounts d. customer sales have substantially decreased
Business
EBITDA represents a simple proxy for cash flows from financing
Indicate whether the statement is true or false
Business