If a firm with credit terms of 2/10 net 30 were to change its terms to 2/10 net 60, the result would
probably be
A) a reduction in safety stock.
B) increased accounts receivable turnover.
C) more customers would take advantage of the cash discount.
D) fewer customers would take advantage of the cash discount.
D
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Explain the six areas of organizational control.
What will be an ideal response?
Which of the following is an option available for the treatment of missing values?
A) substitute a neutral value B) substitute an imputed response C) Both A and B are correct. D) returning to the field
Bad debts are recognized according to which of the following expense recognition principles?
a. Immediate recognition b. Direct matching c. Systematic and rational allocation d. Critical event recognition
Which of the following statements accurately describes the "relevant range?"
a. The operation range in which the firm can earn a profit. b. The operation range in which variable costs rise proportionately. c. The operation range in which fixed costs are expected to remain the same. d. The operation range which can satisfy unusual product demand.