If the collection period lengthens compared to historic figures and industry averages, what might the reason be?
Select one:
A. Deterioration of collectability of receivables
B. A change in sales mix to longer paying customers
C. A decrease in the amount of sales generated
D. A and B
D. A and B
Business
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Common stock represents the basic ownership of every corporation
Indicate whether the statement is true or false
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What is the usual federal income tax treatment of individual life insurance?
A. Deductibility of premiums, taxable death benefits B. Non-deductibility of premiums, non-taxable death benefits C. Deductibility of premiums, non-taxable death benefits D. Non-deductibility of premiums, taxable death benefits
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