Firm a had no credit losses last year but 1 percent of firm, Management Theories

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Firm a had no credit losses last year but 1 percent of firm

1. Is it true that if a firm calculates its days sales outstanding, it has no need for an aging schedule?

2. Firm A had no credit losses last year, but 1 percent of Firm B's accounts receivable proved to be uncollectible and resulted in losses. Should Firm B fire its credit manager and hire A's?

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Management Theories: Firm a had no credit losses last year but 1 percent of firm

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Management Theories: Firm a had no credit losses last year but 1 percent of firm

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