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Which of the following is most likely to indicate that a firm is experiencing difficulty in collecting its receivables? Its accounts receivable turnover decreases from
Which of the following is most likely to indicate that a firm is experiencing difficulty in collecting its receivables?
Its accounts receivable turnover decreases from 10 to 8. |
Its accounts receivable turnover increases from 8 to 10. |
Its average collection period decreases from 36 to 32. |
Its average collection period increases from 25 to 28 |
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