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Which of the following statements is CORRECTY O a There is no relationship between the days sales outstanding (OSO) and the average collection period (ACP).

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Which of the following statements is CORRECTY O a There is no relationship between the days sales outstanding (OSO) and the average collection period (ACP). These ratio measure entirely different things O b. Ahigh average oso indicates that none of the firm's customers are paying on time. In addition, it makes no sense to evaluate the firm's So with the firm's credit terms. O c. A reduction in accounts receivable would have no effect on the current ratio, but it would lead to an increase in the quick ratio d. If a firm increases its sales while holding its accounts receivable constant, then its days' sales outstanding will decline, other things held constant O e security analyst saw that a firm's days' sales outstanding (DSC) was higher than the industry average and trending still higher, this would be interpreted as a sign of strength

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