an average collection period in excess of the industry average may indicate a. credit terms are liberal b....

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Finance

an average collection period in excess of the industry averagemay indicate
a. credit terms are liberal
b. current assets are too small
c. bad debt write-offs may occur
d. collection policies are lax
e. balance sheet value of accounts receivable is overstated

Answer & Explanation Solved by verified expert

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The Correct Answer is acredit terms are liberal When a company makes credit sale then it allows the buyer of goods to make payment after a certain credit period The customer or buyer makes payment within See Answer

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an average collection period in excess of the industry average may indicate a. credit terms are liberal b....

70.2K

Verified Solution

Question

Finance

an average collection period in excess of the industry averagemay indicate
a. credit terms are liberal
b. current assets are too small
c. bad debt write-offs may occur
d. collection policies are lax
e. balance sheet value of accounts receivable is overstated

Answer & Explanation Solved by verified expert

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an average collection period in excess of the industry average may indicate a. credit terms are liberal b....

70.2K

Verified Solution

Question

Finance

an average collection period in excess of the industry averagemay indicatea. credit terms are liberalb. current assets are too smallc. bad debt write-offs may occurd. collection policies are laxe. balance sheet value of accounts receivable is overstated

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Transcribed Image Text

Other questions asked by students

an average collection period in excess of the industry averagemay indicate
a. credit terms are liberal
b. current assets are too small
c. bad debt write-offs may occur
d. collection policies are lax
e. balance sheet value of accounts receivable is overstated