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Why would an organization want to have a low Days in Accounts Receivable? Question 37 options: 1) There is no financial disadvantages to not collecting
Why would an organization want to have a low Days in Accounts Receivable? Question 37 options: 1) There is no financial disadvantages to not collecting on accounts receivable. 2) It reflects customers paying their bills so the organization is more liquid to pay its bills. 3) Higher days in accounts receivables means higher working capital. 4) Actually a high Days in Accounts Receivable is preferred
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