Alpha Geek

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    Polytechnic State University Sanluis
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Category > Business & Finance Posted 02 Aug 2017 My Price 5.00

Suppose D’Leon’s sales manager told the sales staff to start

Suppose D’Leon’s sales manager told the sales staff to start offering 60-day credit terms rather than the 30-day terms now being offered. D’Leon’s competitors react by offering similar terms, so sales remain constant. What effect would this have on the cash account? How would the cash account be affected if sales doubled as a result of the credit policy change?

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Alpha Geek
(8)
Status NEW Posted 02 Aug 2017 06:08 PM My Price 5.00

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