Contemporary Financial Management, Loose-leaf Version
Contemporary Financial Management, Loose-leaf Version
14th Edition
ISBN: 9781337090636
Author: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
Publisher: South-Western College Pub
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Chapter 3, Problem 7P
Summary Introduction

To discuss: Effect of reducing average collection period on Company S’s return on investment and its return on stockholder’s equity and whether this action will have an impact on company’s debt ratio.

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