A result that is most likely to give a financial manager concern that his firm’s credit policy may have become too lenient is.（）
A. inventory turnover has decreased considerably.
B. accounts receivable as a percentage of sales has decreased.
C. weighted average collection period has increased.
参考答案：C
解析：
The weighted average collection period is the average number of days it takes to collect a dollar of receivables. A credit policy that is too lenient will allow sales to customers that tend to pay late (r). A decreased percentage of sales made on credit or an increase in the receivables turnover ratio might result from more strict credit terms. Inventory turnover is not directly affected by credit terms, only though the effect of credit terms on overall sales.