Question

A firm has high current assets turnover but declining

Q: Answer-A firm has high current assets turnover but declining sales. What strategy should it follow?

Explanation Declining sales with high current asset turnover indicates over-investment. Streamlining receivables and inventory helps improve efficiency.

sales. What strategy should it follow?

A Increase working capital

B Maintain current ratio

C Tighten receivables and inventory

D Increase trade credit

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A firm has high current assets turnover but declining

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