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A higher accounts receivable turnover ratio means__________.

A higher accounts receivable turnover ratio means__________. Correct Answer lower debt collection period

A higher accounts receivable turnover ratio mean lower debt collection period. Debtor Collection Period indicates the average time taken to collect trade debts. In other words, a reducing period of time is an indicator of increasing efficiency.

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রেওয়ামিলে দেনাদার ৫২,০০০ টাকা, লিখিত অনাদারি পাওনা ২,০০০ টাকা এবং অলিখিত অন্যদায়ি পাওনা ২,০০০ টাকা। যদি দেনাদারের ওপর ৫% সঞ্চিতি রাখা হয় এবং অনাদায়ি পাওনা সঞ্চিতির ক্রেডিট ব্যালেন্স ১,০০০ টাকা হয়, তাহলে চলতি বছরে অন্যনায়ি পাওনা সঞ্চিতি কত রাখতে হবে? (In trial balance, account receivable is of Tk. 52,000 recorded bad debt of Tk.2,000 and unrecorded bad debt of Tk. 2,000. What is the amount of allowance for doubtful accounts kept in current year if the allowance is 5% on accounts receivable and credit balance in allowance for doubtful accounts currently is of Tk. 1,000 )
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Study of given bar graph and answer the question that follows. The given bar graph represents the Sales Turnover (in Rs. crore) of five automobile companies A, B, C, D and E during 2014-2015 and 2015-2016. The X-axis represents the Companies, and the Y-axis shows the Sales Turnover (in Rs. crore). (The data shown here is only for mathematical exercise. They do not represent the actual figure of the company.)  If there was an increase of 25% in the average of the sales turnover of all the companies together in 2014-2015 from that in 2013-2014, then what was the average (in Rs.crore, up two decimal places) of the sales turnover of all the companies together in 2013-2014?
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