For a non-growth firm,it is possible to increase the percentage of sales that are made on credit sales and still keep accounts receivable at their current level,provided the firm can shorten the length of its collection period sufficiently.

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If a non-growth firm can shorten the length of its collection period sufficiently, it can increase the percentage of sales made on credit sales and still keep accounts receivable at their current level. This is because the firm will receive payments from customers more quickly, reducing the amount of time that accounts receivable are outstanding.

For a Non-Growth Firm,it Is Possible to Increase the Percentage