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Rickos Rickos
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6 years ago
If a company's average collection period is higher than the industry average, then the company might be:
A) enforcing credit conditions upon its customers which are too stringent.
B) allowing its customers too much time to pay their bills.
C) too tough in collecting its accounts.
D) too liquid.
Textbook 
Financial Management: Principles and Applications

Financial Management: Principles and Applications


Edition: 13th
Authors:
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LutionalLutional
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6 years ago
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Rickos Author
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6 years ago
Smart ... Thanks!
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Brilliant ツ
Ctownsend
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2 hours ago
Correct Slight Smile TY
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