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Suppose your firm is considering tightening its credit standards. If the firm goes ahead with the plan you would expect: a)sales volume to increase or
Suppose your firm is considering tightening its credit standards. If the firm goes ahead with the plan you would expect:
a)sales volume to increase or decrease which will have a positive or negative effect on profits.
b)the firm's investment in accounts receivable to increase or decrease which will have a positive or negative effect on profits.
c)debts written off as uncollectible to increase or decrease which will have a positive or negative effect on profits
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