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QUESTION 12 The days sales outstanding tells us how long it takes, on average, to collect after a sale is made. The DSO can be
QUESTION 12
The days sales outstanding tells us how long it takes, on average, to collect after a sale is made. The DSO can be compared with the firm's credit terms to get an idea of whether customers are paying on time.
True False
QUESTION 1
Other things held constant, the more debt a firm uses, the lower its operating margin will be.
True
False
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