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Vhich of the following statements is NOT true? Select one: O a An increase in the DSO means the firm is taking longer to collect

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Vhich of the following statements is NOT true? Select one: O a An increase in the DSO means the firm is taking longer to collect on its Receivables O b. A more aggressive collection policy will reduce bad debt expenses, but may also decrease sales as annoyed customers take the business elsewhere O c. Increases in the ages of accounts receivable means accounts are being collected faster O d. Credit Standards are applied to determine which customers the company wants to provide credit to Prepare an Aging Schedule for the following Accounts Receivable as at June 30, 2020. Use the following headings: Current. Overdue 1-30 days Overdue 31-60 days Overdue 60 days ABC Company May 5, 2020 $2,000 Dollar Value June 12, 2020 5,000 Budget Cars April 13, 2020 3,000 Quik Delivery March 9, 2020 1,000 Best Books April 26, 2020 2,000 Fast Pizza June 24, 2020 7.000 Total Accounts Receivable $20,000 What percentage (%) of the total accounts receivable is 31-60 days overdue as at June 30, 2020? Enter only numbers and decimal (do not use a % sign)

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