Samuel, who is a trader, chose to send out statements of account every month. Which ratio is Samuel aiming to improve by doing this?
- Acurrent ratio
- Bliquid (acid test) ratio
- Ctrade payables turnover
- Dtrade receivables turnover
Accounting 0452 · IGCSE · Calculation and understanding of accounting ratios
Samuel, who is a trader, chose to send out statements of account every month. Which ratio is Samuel aiming to improve by doing this?