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  3. Study Set
    Principles of Managerial Finance
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    Exam 15: Working Capital and Current Assets Management
  5. Question
    If the Firm Relaxes Its Credit Standards, the Volume of Accounts
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If the Firm Relaxes Its Credit Standards, the Volume of Accounts

Question 186

Question 186

True/False

If the firm relaxes its credit standards, the volume of accounts receivable increases and so does the firm's carrying cost.

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