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Assuming there are no changes to any other income statement or balance sheet account, the following is likely to result if a firm changes the
Assuming there are no changes to any other income statement or balance sheet account, the following is likely to result if a firm changes the credit terms to its customers from "net 30" to "2/10, net 30": A decrease in accounts receivable O An increase in accounts receivable A decrease in sales A decrease in accounts payable
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