If a company’s average collection period is higher than the industry average, - 4567

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 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.

 
Solution Description

If a company’s average collection period is higher than the industry average, then the