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Which of the following statements is incorrect? if a security analyst saw that a firm's dso was higher than its peers and trending higher over the past few years, this would be interpreted as a sign of strength. an increase in a firm's debt ratio, with no changes in its sales or operating costs, could be expected to lower the profit margin. if a firm increases its sales while holding its a/r constant, then, other things held constant, its dso will decline.

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Which of the following statements is incorrect? if a security analyst saw that a firm's dso was hig...
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