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Nermine Fashions currently offers credit terms of 1/10, net 40. Nermine is considering switching to 1/10, net 30. What is the likely impact on Nermine's

Nermine Fashions currently offers credit terms of 1/10, net 40. Nermine is considering switching to 1/10, net 30. What is the likely impact on Nermine's investment in accounts receivable?

a) The investment will decrease.

b) The investment will increase.

c) The investment will not change because demand for Nermine's products is seasonal

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