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Assertion (A): A lower trade receivables turnover ratio is preferred by company. Reason (R) : Trade receivables turnover ratio is an indicator of how promptly company collects its debts. a) Both A and R are correct b) A is correct, but R is wrong c) A is wrong, but R is correct d) Both A and R are wrong |
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Answer» c) A is wrong, but R is correct |
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