A firm's collection period is 46 days; its overall terms are 30 days. This indicates _____.

A firm's collection period is 46 days; its overall terms are 30 days. This indicates _____.

A firm's collection period is 46 days; its overall terms are 30 days. This indicates _____.


a. slow-turning accounts receivable

b. fast-turning accounts receivable

c. average-turning accounts receivable

d. full paying of accounts payable


Answer: A


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