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stranahan stranahan
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8 years ago
Managers know that for cash and credit sales completed in one month that all will be recorded as sales revenue in that month, but that the actual cash flow will take place over a longer period of time because of ________.
A) transit time
B) foreclosure
C) credit sales
D) erosion
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
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monkfuzzymonkfuzzy
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8 years ago
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stranahan Author
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#2
8 years ago
Thank you very much for this. It's really helpful.
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