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Question
in the table below the information for four companies is provided.
| Company | Receivables turnover | Average collection period |
| Martin | 13.9 | 26.3 |
| Lewis | 13.3 | 27.4 |
| Danforth | 10.4 | 35.1 |
| Garner | 14.5 | 25.2 |
| Industry Average | 13.0 | 28.1 |
assuming all four companies are in the same industry, which company appears to have the greatest likelihood of paying its current obligations?
a.martin
b.lewis
c.danforth
d.garner
Answer
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