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Which any financial ratios are affected by the decision

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Reference no: EM132716069

Problem 1: A company has a December year end and creates checks to pay their vendors towards the end of the month. The company creates all the proper journal entries at the time of creating the checks, but they do not mail the checks until January. Explain which, if any financial ratios are affected by this decision. Explain why this decision would be made.

Reference no: EM132716069

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