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1 year ago

If sales increase while there is no change in accounts receivable, the receivables turnover ratio will ______.

1 answer:

4 0

When there is an increase in sales and yet there is no change in accounts receivable, the receivables turnover ratio will <u>Increase</u>.

<h3>What is the receivables turnover ratio?</h3>

The receivables turnover ratio refers to the measure that shows the number of times a company will have to collect money from its receivables in a given period.

If there is an increase in sales and yet the account receivables does not change, this means that there are now more account receivables. The receivables turnover ratio will have to increase to show that the company will need to collect more receivables.

Find out more on the receivables turnover ratio at brainly.com/question/27523896

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