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Question 1 a) Your friend Ellie has opened an office supply store. She will extend open credit to local businesses and is concerned about potential

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Question 1 a) Your friend Ellie has opened an office supply store. She will extend open credit to local businesses and is concerned about potential bad debts. What can Ellie do to reduce potential bad debts? (Hint: List at least 12 - 13 points on how Ellie can control her accounts receivable) (15 marks)

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