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One of the most common ways to speed up cash flow from accounts receivable is to: setup an allowance for doubtful accounts. focus efforts to

One of the most common ways to speed up cash flow from accounts receivable is to:

setup an allowance for doubtful accounts.

focus efforts to reduce the receivable turnover ratio.

borrow money from the bank using the accounts receivable as collateral.

immediately engage in collection efforts before the account receivable is due.

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