An analyst observed a decrease in a companys days in sales outstanding (DSO). Which of...
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Accounting
An analyst observed a decrease in a companys days in sales outstanding (DSO). Which of the following could explain this trend?
A. The company agreed on more lenient credit terms with its suppliers.
B. Due to a general economic downturn, customers needed to delay payments to the company
C. The company increased the allowance for doubtful accounts this year.
D. The company adopted more lenient credit terms for its customers
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