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    Financial Management Principles
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    Exam 2: Essential Concepts in Finance: Part A
  5. Question
    A Shorter Average Collection Period Is Always a CLEAR Indication
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A Shorter Average Collection Period Is Always a CLEAR Indication

Question 129

Question 129

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A shorter average collection period is always a CLEAR indication of efficiency in the accounts department. Discuss.

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Although, all things being equal, a shor...

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