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Assume there are two competitor firms, Arizona Corp. and Nevada Corp. Arizona Corp. had 1% losses last year, but 5% of Nevada Corp.s accounts receivable
Assume there are two competitor firms, Arizona Corp. and Nevada Corp. Arizona Corp. had 1% losses last year, but 5% of Nevada Corp.s accounts receivable were uncollectible and resulted in higher losses. Can you determine which firms credit manager is performing better? Why or why not?
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