Why might it be argued that uncollected balance percentages


1. Why might it be argued that uncollected balance percentages are superior to other measures used to monitor customer payment patterns?

2. Regarding cash application:

What is it?

Why should a supplier ensure that cash application is rapid as well as accurate?

Does rapid cash application on a given credit sale shorten the days’ sales outstanding for that sale?

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Financial Management: Why might it be argued that uncollected balance percentages
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