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Warner Sports changed its credit terms from 2/10, n/30 to 1/10, n/45. What will most likely happen to its accounts receivable collection period? a. It
Warner Sports changed its credit terms from 2/10, n/30 to 1/10, n/45. What will most likely happen to its accounts receivable collection period?
a. |
It will increase | |
b. |
It will decrease | |
c. |
It will remain the same | |
d. |
The answer depends on the amount customers owe |
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