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which of the following statements is correct? A a high average DSO indicates that none of its customers are paying on time. In additionk it
which of the following statements is correct? A a high average DSO indicates that none of its customers are paying on time. In additionk it makes no sense to evaluate the firms DSO with the firms credit terms. B there is no relationship between the days' sales outstanding and the average collection period. These ratios measure entirely different things. C a reduction in accounts receiveable would have no effect on the current ratio, but it would lead to an icrease in the quick ratio. D if a firm increases its sales while holding its accounts receivable constant, then, other things held constant, its days sales outstanding will decline.
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