Question: Metallic Mfg. has been evaluating its short-term financial management practices recently. Below are Its uncollected balance percentages for the most recent quarter as well as
Metallic Mfg. has been evaluating its short-term financial management practices recently. Below are Its uncollected balance percentages for the most recent quarter as well as for the previous year's percentages. Neither its credit policy nor its collection strategies have changed, and its sales mix is identical to last year's. Based on these numbers, ono can conclude that Metallic's collection experience is better than last year the same at last year worse than last year cannot be determined without further information
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