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Ashurbanipal Ashurbanipal
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For a non-growth firm, it is possible to increase the percentage of sales that are made on credit sales and still keep accounts receivable at their current level, provided the firm can shorten the length of its collection period sufficiently.


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Textbook 
 Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
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evgenomeevgenome
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Just got PERFECT on my quiz
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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