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Assume there are two competitor firms, Limitless Inc. and Flagstaff Inc. Limitless Inc. had 3% losses last year, but 6% of Flagstaff Inc accounts receivable

Assume there are two competitor firms, Limitless Inc. and Flagstaff Inc. Limitless Inc. had 3% losses last year, but 6% of Flagstaff Inc 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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