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Homework answers / question archive / to sales growth rate
to sales growth rate. Which of the following indicates a potential risk of collection problem in accounts receivable?
1. Sales grew by 10% and receivables grew by 11% from year one to year two.
2. Sales declined by 2% and receivables declined by 7% from year one to year two.
3. Sales grew by 10% and receivables declined by 2% from year one to year two.
4. Sales grew by 5% and receivables grew by 17% from year one to year two.
