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Assuming all other items remain unchanged on the financial statements, indicate which events shown below (the events are mutually exclusive) will increase, decrease, or have
Assuming all other items remain unchanged on the financial statements, indicate which events shown below (the events are mutually exclusive) will increase, decrease, or have no effect on the ratios listed at the top of the columns below: Receivables Inventory Turnover Turnover A company is having difficulty in collecting accounts receivable A company is paying its accounts payable more slowly A company has estimated a higher than normal allowance for doubtful accounts this Curren Ratio year A company has had significantly more inventory thefts this year A company's inventory has been piling up because demand for these items has fallen significantly
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