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11 Question 11 2.5 pts Which one of the following statements is NOT true? The more days that it takes a firm to collect on

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Question 11 2.5 pts Which one of the following statements is NOT true? The more days that it takes a firm to collect on its receivables, the more efficient the firm is. One ratio that measures the efficiency of a firm's collection policy is days' sales outstanding Days' sales outstanding measures in days, the time a firm takes to convert its receivables into cash The accounts receivables turnover ratio measures how quickly the firm collects its credit sales

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