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Which of the following is true if a firm wishes to collect its accounts faster by imposing stricter credit terms on its customers AThe firms average collection period is likely to fall

Which of the following is true if a firm wishes to collect its accounts faster by imposing stricter credit terms on its customers?

A.The firm's average collection period is likely to fall.  
B.The firm's accounts receivable turnover might rise.  
C.The firm's sales might decrease.  
D.all of the above
 

Apr 05 2020 View more View Less

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