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10) A low receivable turnover indicates that Select one: a) the company's inventory is moving...

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10) A low receivable turnover indicates that Select one: a) the company's inventory is moving very quickly. b) a large proportion of the company's sales are on credit. c) few customers are defaulting on their debts. d) customers are making payments slowly. 11) A quick ratio that is about equal to the current ratio indicates that Select one: a) the company has a low inventory turnover. b) inventories represent a large portion of current assets. c) inventories represent a small portion of current assets. d) the company has a high inventory turnover

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