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    Intermediate Financial Management Study Set 2
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    Exam 21: Working Capital Management
  5. Question
    If Your Firm's DSO or Aging Schedule Deteriorates from the First
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If Your Firm's DSO or Aging Schedule Deteriorates from the First

Question 103

Question 103

True/False

If your firm's DSO or aging schedule deteriorates from the first quarter of the year to the second quarter, this is a clear indication that your firm's credit policy has weakened.

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