Question and answer
You notice that your accounts receivable days outstanding have doubled in the last 6 months. Do you give someone a bonus or put him or her on Probation?
If the Accounts receivable days outstanding is doubled, then put someone on probation. It is best to have a low number when it comes to AR days outstanding.
Get an answer
Original conversation
User: You notice that your accounts receivable days outstanding have doubled in the last 6 months. Do you give someone a bonus or put him or her on Probation?

Weegy: If the Accounts receivable days outstanding is doubled, then put someone on probation. It is best to have a low number when it comes to AR days outstanding.
Expert answered|nami008|Points 31|

User: Can you give me more information on why it is better to have the lower number when it comes to AR days?

Weegy: If you can collect those Accounts Receivables in the shortest possible time, you can make use of the funds for some other purposes, rather than waiting for it to be collected. [ The asset is there but you cannot make use of it unless you sell your AR or collect it. ]
Expert answered|nami008|Points 31|

User: thank you

Weegy: You are welcome. Do you have other questions?
Expert answered|nami008|Points 31|

User: not at this time. I appreciate the help



Question|Rated good
Asked 6/2/2013 12:44:36 AM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
21,764,152 questions answered
Popular Conversations
5. What is the correct order of the four steps of the writing ...
Weegy: A. revise. User: 6. The past tense of the verb drive is A. drove. B. droved. C. drived. D. driven.
7/31/2015 6:30:58 AM| 3 Answers
How much oxygen is contained in the ...
Weegy: C. atmosphere, the biosphere and the water cycle User: ________ is the biogeochemical cycle in which carbon ...
7/31/2015 5:11:19 PM| 2 Answers
The basic unit of all forms of life is a(n) A. organ ...
Weegy: C. circulatory system is the organ system is responsible for transporting oxygen throughout the human body. ...
7/31/2015 11:10:05 PM| 2 Answers
What on a bird, besides it's feet, is chemically similar to ...
Weegy: A. beak
7/31/2015 12:21:07 AM| 1 Answers
Weegy Stuff
S
Points 38 [Total 264]| Ratings 0| Comments 38| Invitations 0|Offline
S
Points 31 [Total 346]| Ratings 0| Comments 31| Invitations 0|Offline
S
L
L
Points 4 [Total 8577]| Ratings 0| Comments 4| Invitations 0|Offline
S
1
L
Points 3 [Total 1393]| Ratings 0| Comments 3| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
P
L
Points 3 [Total 10356]| Ratings 0| Comments 3| Invitations 0|Offline
S
1
L
L
Points 1 [Total 8469]| Ratings 0| Comments 1| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.