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    Principles of Corporate Finance Study Set 4
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    Exam 14: Working Capital and Management of Current Assets
  5. Question
    As Credit Standards Are Tightened, Sales Are Expected To__________ and the Investment
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As Credit Standards Are Tightened, Sales Are Expected To__________ and the Investment

Question 90

Question 90

Multiple Choice

As credit standards are tightened, sales are expected to__________ and the investment in accounts receivable is expected to__________.


A) increase; decrease
B) decrease; decrease
C) decrease; increase
D) increase; increase

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