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You are evaluating your firms credit policy to determine whether your customers are paying on time. Which of the following ratios would give you the
You are evaluating your firms credit policy to determine whether your customers are paying on time. Which of the following ratios would give you the most information for answering this question?
a. | Average collection period | |
b. | Debt to equity ratio | |
c. | Average payables period | |
d. | Current ratio |
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