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A Ltd . Has current sales of Rs , 6 , 0 0 , 0 0 0 per annum. To push up sales, A Ltd
A Ltd Has current sales of Rs per annum. To push up sales, A Ltd Is considering a more liberal credit policy as one of the strategies. The current average collection period of the company is days. Proposed increases in collection period and their impact on sales and default rate on total sales are given below:
tableCredit Policy,Increase in Collection Period,Increase in Sales RsDefault RateI Days,
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