Asked by jason
An increasing average collection period indicates
1)the firm is generating more income.
2) accounts receivable are going down. 3) the company is becoming more efficient in its collection policy.
4) the company is becoming less efficient in its collection policy.
1)the firm is generating more income.
2) accounts receivable are going down. 3) the company is becoming more efficient in its collection policy.
4) the company is becoming less efficient in its collection policy.
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