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Company A and Company B operate in the same industry and region. Compared to Company B , Company A has a low receivables turnover ratio

Company A and Company B operate in the same industry and region. Compared to Company B

,

Company A has a low receivables turnover ratio and a correspondingly high average collection period. From this information, we can conclude that Company

A

is managing its receivables better than Company

B .

True or False

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