Assume a companys days sales in receivables is 60 days, compared to 40 days for the prior

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Assume a company’s days’ sales in receivables is 60 days, compared to 40 days for the prior period. Identify at least three possible reasons for this change.

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Financial Statement Analysis

ISBN: 978-0078110962

11th edition

Authors: K. R. Subramanyam, John Wild

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