Question: Kwik Mart, a retail store, has a receivables turnover ratio of 4.5 times. The industry average is 12.5 times. Does Kwik Mart have a collection

Kwik Mart, a retail store, has a receivables turnover ratio of 4.5 times. The industry average is 12.5 times. Does Kwik Mart have a collection problem with its receivables?

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