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katerooshkie katerooshkie
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8 months ago
A firm’s collection policy—that is, the procedures it follows to collect accounts receivable—plays an important role in keeping its average collection period short, although too strict a collection policy can reduce profits due to lost sales.


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Textbook 
 Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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anikamazumderanikamazumder
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katerooshkie Author
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this is exactly what I needed
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