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If the Firm's Cash Discount Period Is Decreased or Cancelled

Question 5

Multiple Choice

If the firm's cash discount period is decreased or cancelled, the sales volume can be expected to,___________ the bad debt expenses can be expected to___________ , and the profit per unit can beexpected to___________ _.


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

Correct Answer:

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