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Does smart mart have a collection problem

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1. Smart Mart, a retail store, has a receivables turnover ratio of 4.5 times. The industry average is 12.5 times. Does Smart Mart have a collection problem with its receivables? 

Reference no: EM131146564

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Does smart mart have a collection problem : Smart Mart, a retail store, has a receivables turnover ratio of 4.5 times. The industry average is 12.5 times. Does Smart Mart have a collection problem with its receivables?
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