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If a firm has $100,000 in credit sales and $20,000 in accounts receivables, what will happen to average days collections if accounts receivable increases? Average
If a firm has $100,000 in credit sales and $20,000 in accounts receivables, what will happen to average days collections if accounts receivable increases?
Average days collections will stay the same
Cannot tell with the information provided
Average days collections will decrease.
Average days collections will increase
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