40. A company's investment in receivables is influenced by several variables, including:
A. The level of sales.
B. The nature of the product or service sold.
C. The credit and collection policies.
D. All of these are correct.© BrainMass Inc. brainmass.com December 15, 2022, 7:53 pm ad1c9bdddf
A company's investment in receivables is influenced by the level of sales; if the investment tends to run at a set percentage, the greater the volume of sales, the greater the investment will be. Likewise, it is ...
This solution discusses the factors influencing the level of a company's accounts receivable.