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    Fundamentals of Financial Accounting Study Set 2
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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 74

Question 74

Multiple Choice

If a company did not extend credit to customers:


A) its gross revenue would rise.
B) its costs of credit would rise but so would its revenue.
C) its costs of credit would fall but so would its revenue.
D) gross profit would rise.

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