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Considering each action independently and holding other things constant, which of the following actions/events would most likely decrease a firms discretionary financing need (DFN)? An

Considering each action independently and holding other things constant, which of the following actions/events would most likely decrease a firms discretionary financing need (DFN)?

  • An increase in the tax rate
  • A decrease in the net profit margin
  • A decrease in the average collection period
  • A decrease in the inventory turnover

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