Gaffney Sports changed its credit terms from 2/10, n/30 to 1/10, n/45. What will most likely happen
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Question:
Gaffney Sports changed its credit terms from 2/10, n/30 to 1/10, n/45. What will most likely happen to its accounts receivable collection period?
A. It will increase
B. It will decrease
C. It will remain the same
D. The answer depends on the amount customers owe
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