Solved: How does a firms credit policy affect its sales bad debts, Basic Statistics

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How does a firms credit policy affect its sales bad debts

Need some help understanding the following:

1. What is the difference between the operating cycle and cash cycle

2. What is operating cycle and what is cash cycle and how are they used to manage a firm

3. How does a firm's credit policy affect its sales, bad debts and accounts receivable

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Basic Statistics: How does a firms credit policy affect its sales bad debts

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Basic Statistics: How does a firms credit policy affect its sales bad debts

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