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A firm's bad debts: a. should be reduced by more aggressive collection procedures. b. are normally positively related to a firm's ACP. c. are normally

A firm's bad debts:

a.

should be reduced by more aggressive collection procedures.

b.

are normally positively related to a firm's ACP.

c.

are normally unaffected by changes in a firm's cash discount.

d.

a and b

e.

All of the above

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