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If a company decides to offer more generous credit terms to its customers throughout 20Y2 than it offered in 20Y1 and earlier, how would you
If a company decides to offer more generous credit terms to its customers throughout 20Y2 than it offered in 20Y1 and earlier, how would you expect that decision to be reflected in the companys 20Y2 financial statements?
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Accounts receivable days on hand would be higher than in 20Y1. Inventory days on hand would be higher than in 20Y1. Inventory days on hand would be lower than in 20Y1. Interest expense would be lower than in 20Y1.
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