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1.How would you suggest a company plan to maximize cash collections from Accounts Receivable? 2.What happens if a customer never pays an account receivable? Identify

1.How would you suggest a company plan to maximize cash collections from Accounts Receivable?

2.What happens if a customer never pays an account receivable? Identify what strategies you would suggest to management to minimize bad debts.

3.Compare sales on account to credit card sales. Is one better than the other? Why?

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