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Ratios: Average Collection Period (Days Sales Outstanding)
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Problem 10
Ratios: Average Collection Period (Days Sales Outstanding)
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14. Financial Statement Analysis / Ratios: Average Collection Period (Days Sales Outstanding) / Problem 4
Problem 4
What does a high average collection period indicate about a company's accounts receivable?
A
The company has a high inventory turnover.
B
The company has low net sales.
C
The company takes longer to collect its receivables.
D
The company collects its receivables quickly.
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