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It is important for a company to monitor its aggregate accounts receivable balances because A. That will impact its accounts payable aging B. Lenders will
It is important for a company to monitor its aggregate accounts receivable balances because
A. That will impact its accounts payable aging
B. Lenders will exclude any past-due accounts receivable for use as collateral for a loan to the company
C. Older accounts receivable balances can enhance a firms profitability
D. Higher accounts receivable balances result in a higher state corporate income tax liability
E. None of the above
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