What would be the most likely impact on trade receivables days if invoice discounting was offered to and accepted by a large customer of a business?

Related MCQs

• Total revenue from operations ₹27,00,000; Credit revenue from operations ₹18,00,000; Opening Debtors ₹3,20,000; Closing Debtors ₹4,00,000; Provision for Doubtful Debts ₹60,000. Trade Receivables Turnover Ratio will be :
• Which of the following is a technique that helps the exporter to sell the receivables to any bank or financial institution without recourse?
• Debtors Turnover ratio is also known as (a) Receivables turnover ratio (b) Debtors velocity (c) Stock velocity (d) Payable turnover ratio
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• Which of the following cost management tools supports the firm's concentration on the delivery of value to the customer?
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