When Accounts Receivable Turnover Increases What Happens To Average Collection Period

Question

If the company's accounts receivable turnover is increasing, the average collection period: 

a). is going up slightly

b). is going down

c). could be moving in either direction

d). is going up by a significant amount

Summary

The question belongs to Accounting and it discusses about what happens to average collection period when accounts receivable turnover increasing.

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