Which of these tends to create an unexpected increase in a firm's average collection period?
A)Increased credit sales
B)The implementation of a cash discount
C)Increased customer delinquencies
D)Increased dollar value per each sale
E)Increased collection efforts

Question

Quizplus · Accepted Answer

Increased customer delinquencies lead to longer times for customers to pay their invoices, thus increasing the average collection period.

Which of These Tends to Create an Unexpected Increase in a Firm's