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Other Fields Homework Help Management Topic started by: betterway on Mar 7, 2017



Title: If the cash discount period is increased, a firm's investment in accounts receivable is expected to ...
Post by: betterway on Mar 7, 2017
If the cash discount period is increased, a firm's investment in accounts receivable is expected to ________.
A) increase because new customers attracted by the new policy will result in new accounts
receivable
B) decrease because new customers will doubt the quality of product due to increase in discount
C) increase because existing discount takers will pay more to get more discount
D) decrease because of existing discount takers will now pay earlier to avail the cash discount


Title: Re: If the cash discount period is increased, a firm's investment in accounts receivable is ...
Post by: donnaban on Mar 7, 2017
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Title: Re: If the cash discount period is increased, a firm's investment in accounts receivable is expected to ...
Post by: betterway on Jul 4, 2017
Thank you for providing the right answer every time