The credit policy of Spurling Products is "1.5/10, net 35." At present 30% of the customers take the discount,

Question

62% pay within the net period, and the rest pay within45 days of invoice. What would receivables be if all customers took the cash discount?

Lower than the present level.

No change from the present level.

Higher than the present level.

Unable to determine without more information.

Mir Mujtaba Ali · Answer

Lower than the present level<<<<<<<<<>>>>>>>>>>>>

Ahmed kandil · Answer

Lower than present level ..

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)

Wasi Rahman Sheikh · Answer

Agree with all experts answer ???????????????

Emad Mohammed said abdalla · Answer

>>>>>>>>>>>>. Lower than the present level.

Deleted user · Answer

Agree with all experts

Thank you

Nasir Hussain · Answer

........... . ..

Lower than the present level............ . . .