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borteleto borteleto
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Posts: 2477
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5 years ago
If a firm with credit terms of 1/10 net 30 were to change its terms to 3/10 net 30, the result would probably be
A) increased bank loans.
B) increased accounts receivable turnover.
C) an increase in the average level of accounts receivable.
D) a decrease in accounts payable.
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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Marc18Marc18
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5 years ago
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borteleto Author
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5 years ago
My teacher is very rude and likes to speed his way through a lesson without letting the class ask questions. Thank you for helping me. You're a life saver Slight Smile
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