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11. Which of the following statements is most correct about days sales outstanding (DSO) ratio for accounts receivables? a. Other things held constant, the higher
11. Which of the following statements is most correct about "days sales outstanding" (DSO) ratio for accounts receivables? a. Other things held constant, the higher a firm's "days sales outstanding" (DSO) ratio, the better its credit department. b. If a firm that sells on terms of net 30 changes its policy and begins offering all customersterms of 2/10, net 30 days, and if no change in sales volume occurs, then the firm's DSOratio will probably increase. c. If a firm sells on terms of 2/10, net 30 days, and its DSO ratio is 30 days, then its agingschedule would probably show some past due accounts. d. Choices (a) and (c) are correct
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