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    Fundamental Accounting Principles Study Set 5
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    Exam 17: Analysis of Financial Statements
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    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 78

Question 78

True/False

A rough guideline states that for a company with no discounts offered, days' sales uncollected should not exceed 1 1/3 times the days in its credit period.

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