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Honeydog decides to offer price discounts to customers who pay what they owe the company within 20 days. Honeydog makes no other changes ( eg

Honeydog decides to offer price discounts to customers who pay what they owe the company within 20 days. Honeydog makes no other changes ( eg it sells the same volume of goods) which of the following ratios would be affected by this decision? ( check all that apply )

1. Days receivable

2. Days payable

3. Gross margin

4. Days inventory

5. Effective tax rate

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