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The CFO of a company is concerned about the company’s accounts receivable turnover ratio. The company currently offers customers terms of 3/10, net 30. Which of the following strategies would most likely improve the company’s accounts receivable turnover ratio? A. Changing customer terms to 1/10, net 30. B. Entering into a factoring agreement with a finance company. C. Pledging the accounts receivable to a finance company. D. Changing customer terms to 3/20, net 30.
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