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Consider each of the following situations independently of each other. For each of the situations, provide one example of when the underlying circumstances may be such that the observed trend is unfavorable, and one example of when the underlying circumstances are favorable.

a. Accounts receivable turnover increases from one period to the next

b. Accounts payable turnover increases from one period to the next

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91546477

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