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An aging schedule helps a company to check on those customers who are overdue in their payments. (i) Copy the table below to the answer

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An aging schedule helps a company to check on those customers who are overdue in their payments. (i) Copy the table below to the answer script and calculate the percentage of balance outstanding (to 2 decimal places) for each age group. (2 marks) (i) Based on your answers in part (i), comment on the firm's accounts receivable management

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