Monday, 11 June 2012

If a company’s average collection period is higher than the industry average,

 If a company’s average collection period is higher than the industry average, then the    
          company might be:
a.enforcing credit conditions upon its customers which are too stringent.
b.allowing its customers too much time to pay their bills.
c.too tough in collecting its accounts.
d.too liquid.
 

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