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In 20X3, T Co. reported a receivables turnover ratio of 11.1 and their competitor, WWW Co., reported a ratio of 4.6. Which of the following

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In 20X3, T Co. reported a receivables turnover ratio of 11.1 and their competitor, WWW Co., reported a ratio of 4.6. Which of the following is true? Multiple Choice WWW Co. needs to focus on Improving their credit and collection process T Co. needs to decrease their ratio In order to improve collection time T Co has a better Inventory management than WWW Co. www Co. has done a better job of collecting their recelvables than T Co

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