Which of the following actions is least likely to increase a company's accounts receivable turnover?

• Encouraging customers to use bank credit cards, such as visa and mastercard, rather than other national credits, such as american express.
• None of these
• Offer customers larger cash discounts for making early payments.
• Borrowing money, pledging accounts receivable as collection.

Related MCQs

• Which of the following best describes the application of generally accepted accounting principles to the valuation of accounts receivable?
• Inventory Period + Accounts Receivable Period is called ______?
• On October 1, 2011, Coast Financial loaned Barr Corporation $300,000, receiving in exchange a nine-month, 12 percent note receivable. Coast ends its fiscal year on December 31 and makes adjusting entries to accrue interest earned on all notes receivable. The interest earned on the note receivable from Barr Corporation during 2012 will amount to _____?
• Identify the sentence with semantic error. The new policy has been implemented to increase the company's profits, but it has had a detrimental effect on the employees' morale, which has subsequently led to a decrease in productivity, thereby negating the initial purpose of the policy.
• Turnover ratio is also called :
• In Inventory Turnover calculation, what is taken in the numerator?
• Fixed assets turnover ratio is a ______?
• Admission are receivable which are contained in
• An increase in stock of Rs. 250, a decrease in bank balance of Rs. 400, and an increase in creditors of Rs. 1200 results in _____?
• The proportion of successful collision increase with the increase in?