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    Fundamentals of Financial Accounting Study Set 2
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    Exam 13: Measuring and Evaluating Financial Performance
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    Industries Differ Greatly in Terms of the Percentage of Sales
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Industries Differ Greatly in Terms of the Percentage of Sales

Question 9

Question 9

True/False

Industries differ greatly in terms of the percentage of sales made on credit.This means some measures of liquidity are less relevant to companies in some industries than in others.

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