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If the Firm's Credit Period Is Increased, the Sales Volume

Question 42

Multiple Choice

If the firm's credit period is increased, the sales volume can be expected to ___________ , the investment in accounts receivable can be expected to __________, and the bad debt expenses can be expected to__________.


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

Correct Answer:

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