Increasing the credit period from 30 to 60 days, in response to a similar action taken by all of our competitors, would likely result in:

Question

an increase in the average collection period.

a decrease in bad debt losses.

an increase in sales.

higher profits.

sarah elkassem · Answer

an increase in the average collection period.

Ahmed kandil · Answer

Increase in sales is correct answer

ANEESH BABU SURESH · Answer

MORE CASH OR CREDITS REQUIRED FOR RAISING INVENTORY.

HANIF KHAN · Answer

a decrease in bad debt losses.

khaled elkholy · Answer

Agree with alllllllllllllllllllllllllll expert.,,,,,,,,,,,,,

Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+ · Answer

My answer is same as experts, which is choice (A)

Nasir Hussain · Answer

........ . . .

. . .

an increase in the average collection period

Mohammed Shahid Ullah · Answer

Increasing the credit period from30 to60 days, in response to a similar action taken by all of our competitors, would likely result in an increase in the average collection period.

Nancy Refai · Answer

It will most likely cause an increase on the average collection period. 
at the same time it may enhance an increase in sales and accordingly more profits

مستخدم محذوف‎ · Answer

would likely result in an increase in the average collection period.

Mir Mujtaba Ali · Answer

an increase in the average collection period<<<<<>>>>>

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Increasing the credit period from 30 to 60 days, in response to a similar action taken by all of our competitors, would likely result in:

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