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Using this information, complete the following statements to include in your analysis. 1. Ahigh days of sales outstanding represents an efficient credit and collection policy.
Using this information, complete the following statements to include in your analysis. 1. Ahigh days of sales outstanding represents an efficient credit and collection policy. Between the two companies,Like Games is collecting cash from its customers faster thanOur Play , but both companies are collecting their receivables less quickly than the industry average. 2. Our Plays fixed assets turnover ratio islower than that of Like Games. This could be because Our Play is
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