Analyze the credit collection period, Financial Accounting

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Analyze the credit collection period

Response to the following problem:

Tariq is the credit manager of Heltex plc. He is concerned that the pattern of monthly cash receipts from credit sales shows that credit collection is poor compared with budget. Heltex's sales director believes that Tariq is to blame for this situation, but Tariq insists that he is not.

Why might Tariq not be to blame for the deterioration in the credit collection period?

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Financial Accounting: Analyze the credit collection period

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Financial Accounting: Analyze the credit collection period

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