Business, 09.04.2021 04:40 fernandaElizondo

Marion Industries has an average accounts receivable turnover ratio of 12 times per year whereas most of its competitors have a ratio nearer to 8 times. This suggests that Marion's management should consider: multiple choice using stricter credit terms more aggressive collection efforts to avoid having its resources tied up in accounts receivable using more liberal credit terms to increase sales the need to sell for cash rather than on credit

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Marion Industries has an average accounts receivable turnover ratio of 12 times per year whereas mos...

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