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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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