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Which of the following is true of cash discount? A. It helps to speed up collections without putting pressure on customers. B. It decreases the
Which of the following is true of cash discount?
A.
It helps to speed up collections without putting pressure on customers.
B.
It decreases the investment in accounts receivable and increases the per unit profit.
C.
It reduces sales because the customers feel that the products are of inferior quality.
D.
It increases bad debts because after availing discounts all customers may not pay.
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