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    Business
  3. Study Set
    Financial Accounting Information for Decisions
  4. Exam
    Exam 13: Analyzing and Interpreting Financial Statements
  5. Question
    A Rough Guideline States That for a Company with No
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A Rough Guideline States That for a Company with No

Question 106

Question 106

True/False

A rough guideline states that for a company with no discounts offered,days' sales uncollected should not exceed 1⅓ times the days in its credit period,if discounts are not offered.

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