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Business, 27.09.2019 03:30 jayc36809

Blue spruce corp. significantly reduced its requirements for credit sales. as a result, sales during the current year increased dramatically. it had receivables at the beginning of the year of $41,800 and ending receivables of $183,000. credit sales were $344,900. determine cash collections during the period and discuss how your findings would affect bailey corp.'s quality of earnings ratio. (do not compute.) what concerns might you have regarding bailey's accounting?

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