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Credit period to customer of a company is 30 days. Its credit collection would be poor if its average collection period is :

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in Ratio Analysis by (63.4k points)

Credit period to customer of a company is 30 days. Its credit collection would be poor if its average collection period is : 

(a) 36 Days 

(b) 28 Days 

(c) 20 Days 

(d) 15 Days

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Correct answer is (a) 36 Days

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