Question
Other factors remaining constant, an increase in the average collection period will result in ________. Select one: a. a decrease in the average payment period
Other factors remaining constant, an increase in the average collection period will result in ________.
Select one:
a. a decrease in the average payment period
b. an increase in the average payment period
c. an increase in the operating cycle
d. a decrease in the operating cycle
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Contemporary Business Mathematics with Canadian Applications
Authors: S. A. Hummelbrunner, Kelly Halliday, Ali R. Hassanlou, K. Suzanne Coombs
11th edition
134141083, 978-0134141084
