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The following percentages were computed using figures from recent annual reports of Wels Markets, a large grocery store chain, and Sprint Corporation, a provider of
The following percentages were computed using figures from recent annual reports of Wels Markets, a large grocery store chain, and Sprint Corporation, a provider of telecommunication services. Why are Sprint's percentages so much larger than Wels Markets' percentages? (You may select more than one answer. Single cllck the box with the question mark to produce a check mark for a correct answer and double cllck the box with the questlon mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Sprint Corporation generates a large volume of credit sales from indlviduals. Sales made on account by grocery chalns are often to individuals. Larger percentage of sales made by Wels, are cash sales. All sales of Sprint Corporation are made on account. Sprint Corporation generates a large volume of credit sales from institutional customers. Institutional customers pose a greater credit risk than Individuals
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