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Other Things Equal,an Increase in Average Accounts Receivable Will Increase

question 67

True/False

Other things equal,an increase in average accounts receivable will increase a firm's return on assets.

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Definitions:

Automaticity

The ability to perform tasks without occupying the mind with the low-level details required, typically developed through repetition and practice.

Mental Processes

Mental processes involve the internal, cognitive operations that underlie all human thought, behavior, emotions, and experiences.

Maximize Utility

An economic principle where individuals or firms attempt to obtain the highest possible satisfaction or benefit from their resources and choices.

Decision Making

The cognitive process of selecting a course of action from multiple alternatives.

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