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Which review of the company financial statements would be

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Problem 1: Regan, Inc. implemented a program to improve the collection of its receivables. Over the past two years, the company has collected 88% of its receivables, up from 80%. A review of the company's financial statements would be expected to show:

Multiple Choice

Option 1: no difference in the percentage of the allowance for credit losses to receivables.
Option 2: None of these answer choices are correct.
Option 3: a reduction in the percentage of the allowance for credit losses to receivables.
Option 4: an increase in the percentage of the allowance for credit losses to receivables.

Reference no: EM132952329

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