The Covid-19 pandemic and economic inflation have affected the collection of accounts receivables of many companies. Select
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Question:
The Covid-19 pandemic and economic inflation have affected the collection of accounts receivables of many companies. Select a company that you are interested in investigating. Extract its most recent two 10K reports on Sec.gov.
Calculate the company's receivable turnover ratio and average collection period for the most recent two years.
Could you identify any changes in the receivable turnover ratio and average collection period for this company?
Could you elaborate on what companies could do to improve their receivable management during difficult years?
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