Suppose that Martin Metal Products changes its policy and starts requiring all of its customers to pay within 20 days rather than the 30 days that it currently allows.Which one of the following will result from this change?
A) Increase in receivables period
B) Increase in inventory period
C) Decrease in cash cycle
D) Increase in operating cycle
E) Increase in accounts payable period
Correct Answer:
Verified
Q27: All else held constant,which one of the
Q28: Which one of the following statements related
Q29: The cash cycle is equal to which
Q29: Which one of the following can occur
Q30: Which one of the following actions is
Q31: Which one of the following industries is
Q34: Which of the following costs will tend
Q35: All else constant,which one of the following
Q36: Which one of the following statements is
Q37: Which one of the following is most
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents