Should firm b fire its credit manager and hire as

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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?

Reference no: EM131367985

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