Law'N'Order Industries recently changed the terms it offers its customers from 2/10 net 30 to 3/20 net 40. By its action, the firm has ______________.
A) Shortened its customers' cash cycle.
B) Lengthened its customers' receivables period.
C) Lengthened its customers' cash cycle.
D) Shortened its customers' payables period.
E) Shortened its customers' credit period.
Correct Answer:
Verified
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