If the closing balance of receivables is less than the opening balance for a month then which one is true out of

Related MCQs

• Ninety-percent of X company's total sales of $600,000 is on credit. If its year-end receivables turnover is 5, the average collection period (based on a 365-day year) and the year-end receivables are, respectively:
• If the sales of the firm are . 60,00,000 and the average debtors are . 15,00,000 then the receivables turnover is
• You are considering two mutually exclusive investment proposals, project A and project B. B's expected value of net present value is $1,000 less than that for A and A has less dispersion. On the basis of risk and return, you would say that
• Which of the following is not a technique of receivables Management?
• Which of the following is related to Receivables Management?
• A process through which loans and other receivables are underwritten and sold in a form of asset is known as:
• Receivables Management deals with
• The credit policy of Spurling Products is "1.5/10, net 35." At present 30% of the customers take the discount, 62% pay within the net period, and the rest pay within 45 days of invoice. What would receivables be if all customers took the cash discount?
• A Current Ratio of Less than One means:
• If the intrinsic value of a share is less than the market price, which of the most reasonable?