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    Principles of Corporate Finance Study Set 4
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    Exam 3: Financial Statement Analysis
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    ABC Corp Extends Credit Terms of 45 Days to Its Customers
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ABC Corp Extends Credit Terms of 45 Days to Its Customers

Question 33

Question 33

Multiple Choice

ABC Corp. extends credit terms of 45 days to its customers. Its credit collection would beconsidered poor if its average collection period was


A) 47 days.
B) 57 days.
C) 36 days.
D) 30 days.

Correct Answer:

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