Suppose a companys current credit terms are 1/l0, net 30, but management is considering changing its terms

Question:

Suppose a company’s current credit terms are 1/l0, net 30, but management is considering changing its terms to 2/10, net 40, relaxing its credit standards, and putting less pressure on slow-paying customers. How would you expect these changes to affect
(a) Sales,
(b) The percentage of customers who take discounts,
(c) The percentage of customers who pay late, and
(d) The percentage of customers who end up as bad debts?