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Zhang Has Observed That the Sales of XYU Company Have

Question 83

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Zhang has observed that the sales of XYU Company have increased by 5% every year for the past 5 years.Zhang also found that the average collection period has increased over time while the average day's sales in inventory has decreased over the same period.Based on this information, what should Zhang conclude about XYU Company?

Correct Answer:

verifed

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At first glance the company appears to b...

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