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Use Ludwig lnc's tinancial statements to compute the accounts receivable collection perriod, and indicate whether the change from year to year is favourable- or unfavourable.

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Use Ludwig lnc's tinancial statements to compute the accounts receivable collection perriod, and indicate whether the change from year to year is favourable- or unfavourable. All the sales recorded in the income statement are on credif. For your analysis, assume that all other things have remainec constant. Apply your analysis in very general terms All values should be accurate to at least two decimal places Income Statement

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