If a firm's average collection period is 42 days, and this compares favourably to the industry average, what questions may you want to ask before assuming that the firm is "efficient?"

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The Answer of If a firm's average collection period is 42 days, and this compares favourably to the industry average, what questions may you want to ask before assuming that the firm is "efficient?"

If a Firm's Average Collection Period Is 42 Days, and This