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Which of the following is true if a firm wishes to collect its accounts faster by imposing stricter credit terms on its customers? A.The firm's
Which of the following is true if a firm wishes to collect its accounts faster by imposing stricter credit terms on its customers?
A.The firm's average collection period is likely to fall. | |
B.The firm's accounts receivable turnover might rise. | |
C.The firm's sales might decrease. | |
D.all of the above |
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