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  3. Study Set
    Principles of Finance
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    Exam 7: Analysis of Financial Statements
  5. Question
    A Firm Whose Days Sales Outstanding Is Much Higher Than
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A Firm Whose Days Sales Outstanding Is Much Higher Than

Question 98

Question 98

True/False

A firm whose days sales outstanding is much higher than the industry's average is likely to either be too "tight" in its credit policy or too "loose" in its collection policy.

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