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22. Which one of these statements is correct? A) A firm's cash cycle generally decreases when it switches from a cash to a credit policy,

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22. Which one of these statements is correct? A) A firm's cash cycle generally decreases when it switches from a cash to a credit policy, all else equal.. (B) A 2/15, net 30 credit policy tends to decrease the seller's receivables as compared to a straight net 30 policy C) When credit is granted, total revenues generally decrease if both the quantity sold and the price per unit increase D) Only the probability of default should be considered before granting credit E) The customer's operating cycle is the lower limit of the length of credit period that the firm should grant to the customer

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