Business, 18.11.2020 17:30, Dianar4308

Since hiring a new sales director, Tilton Inc. has enjoyed a 50% increase in sales. The CEO has also noticed, however, that the company's average collection period has increased from 17 days to 38 days. What might be the cause of this increase? What are the implications to management of this increase?

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Since hiring a new sales director, Tilton Inc. has enjoyed a 50% increase in sales. The CEO has also...