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    Intermediate Financial Management Study Set 2
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    If a Firm's Terms Are 2/10, Net 30 Days, and Its
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If a Firm's Terms Are 2/10, Net 30 Days, and Its

Question 69

Question 69

True/False

If a firm's terms are 2/10, net 30 days, and its DSO is 28 days, we can be certain that the credit department is functioning efficiently and the percentage of past due accounts is minimal.

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