问题
单项选择题
A company sells its receivables but retains the risk associated with bad debts. When reviewing this company a financial analyst would adjust the company’ s debt-to-equity ratio and its accounts receivable turnover ratio:Debt-to-equity Receivables turnover ①A. Upward Upward ②B. Downward Upward ③C. UpwardDownward
A．
| A. ① |
B．
| B. ② |
C．
| C. ③ |
答案
参考答案：C
解析：The upward adjustment to receivables and short-term debt for receivables sold decreases the company’ s accounts receivable turnover due to increased accounts receivables but increases leverage ratios due to increased debt.