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betterway betterway
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7 years ago
When a firm's credit standards is relaxed ________.
A) its sales is expected to decrease with corresponding increase in costs
B) its costs is expected to decrease with corresponding decrease in sales
C) its costs is expected to increase faster than sales if the standards are not relaxed
D) its profit contribution from sales will be greater than the cost contribution
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
Authors:
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UlainUlain
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#1
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7 years ago
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betterway Author
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7 years ago
Thanks for your help!!
mikey3091
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Yesterday
Thanks
fxinternational
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2 hours ago
Good timing, thanks!
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