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    Financial Accounting Study Set 1
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    Exam 8: Receivables,Bad Debt Expense,and Interest Revenue
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    If a Company Did Not Extend Credit to Customers
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If a Company Did Not Extend Credit to Customers

Question 130

Question 130

Multiple Choice

If a company did not extend credit to customers:


A) gross revenue would increase.
B) costs would increase but so would sales revenue.
C) costs would decrease but so would sales revenue.
D) gross profit would increase.

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