Jasper United had sales of $21,000 in 2008 and $24,000 in 2009. The firm’s current accounts remained constant. Given this information, which one of the following statements must be true? ,a) The fixed asset turnover decreased. ,b) The days’ sales in receivables increased. ,c) The total asset turnover rate increased. ,d) The receivables turnover rate decreased. ,e) The net working capital turnover rate increased. ,
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