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    Fundamentals Of Corporate Finance Study Set 21
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    Exam 20: Credit and Inventory Management
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    Assume the Customer Will Either Pay in 30 Days or Will
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Assume the Customer Will Either Pay in 30 Days or Will

Question 204

Question 204

Multiple Choice

  Assume the customer will either pay in 30 days or will default.  What is the incremental cash flow per month from switching the credit policy? A)  $30 B)  $60 C)  $120 D)  $180 E)  $240 Assume the customer will either pay in 30 days or will default.

What is the incremental cash flow per month from switching the credit policy?


A) $30
B) $60
C) $120
D) $180
E) $240

Correct Answer:

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