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The basic principles of cash management include all of the following except O plan the timing of major expenses. increase the speed of collecting receivables.
The basic principles of cash management include all of the following except O plan the timing of major expenses. increase the speed of collecting receivables. O keep inventory high. prepare a cash budget. The Speedy Corporation has an average collection period of 15 days and credit sales amounting to $1825,000. The average accounts receivable balance is: $150,000 $75.000 $456.250 $912.500
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