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

Question 319

Multiple Choice

If a 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; decrease; decrease
B) increase; increase; decrease
C) increase; increase; increase
D) decrease; decrease; decrease

Correct Answer:

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