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You are provided with the following information about a business: 1. The payment periods for accounts receivable has decreased Consider the possibility of overtrading. Provide
You are provided with the following information about a business:
1. The payment periods for accounts receivable has decreased
Consider the possibility of overtrading. Provide possible reasons for each of the above mentioned changes in the financial figures and conclude your answer by indicating whether each of the above mentioned changes should be regarded as good or bad.
(Banking question)
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