Multiple Choice
If a company's collection period for accounts receivable is considered to be excessively long, then
A) the company may want to invest excess cash from receivable collections in the stock market.
B) the company might examine its billing procedures in order to expedite collection from customers.
C) customer returns should be disallowed in order to increase the collection of cash.
D) cash flows from operations will probably be more than sufficient.
Correct Answer:

Verified
Correct Answer:
Verified
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