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The collections ratio measures the amount of days it takes to collect a credit sale. We want this value to be as close to zero

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The collections ratio measures the amount of days it takes to collect a credit sale. We want this value to be as close to zero as possible. True False Question 6 (2.5 points) A dollar today is worth more than a dollar tomorrow. True False Question 7 (2.5 points) If a bond is trading at a price above face value, we say the bond is trading at a discount. True False

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