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If the Firm's Cash Discount Period Is Increased, the Sales

Question 238

Multiple Choice

If the firm's cash discount period is increased, the sales volume can be expected to__________ , thebad debt expenses can be expected to__________ , and the profit per unit can be expected to ___________.


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

Correct Answer:

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