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Mercy Hospital is looking for ways to cut costs given current economic conditions. Which of...

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Accounting

Mercy Hospital is looking for ways to cut costs given current economic conditions. Which of the following would most likely reduce Mercy Hospitals dollar cost of carrying receivables? An increase in the volume of services provided on credit An increase in average daily billings An increase in the average collection period (days in receivables) A decrease in the interest rate on short-term debt

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