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Which of the following indicates that a company cannot receive the payment of receivables in a timly manner? Select one: a. A low average collection
Which of the following indicates that a company cannot receive the payment of receivables in a timly manner?
Select one:
a. A low average collection period.
b. A low receivables turnover ratio.
c. Both a high receivables turnover ratio and a low average collection period.
d. A high receivables turnover ratio.
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