A change in the days debtors turnover from 35 days to 28 days means that:
A) debtors are purchasing less on credit.
B) credit sales are increasing.
C) debtors are paying their accounts earlier.
D) debtors are paying their accounts later.
Correct Answer:
Verified
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Q10: The penalty for insolvency is:
A) the winding
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Q15: Costs involved in managing cash include:
A) no
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A) there
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