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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
    As Credit Standards Are Relaxed, Sales Are Expected to ________
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As Credit Standards Are Relaxed, Sales Are Expected to ________

Question 183

Question 183

Multiple Choice

As credit standards are relaxed, sales are expected to ________ and the investment in accounts receivable is expected to ________.


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

Correct Answer:

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