Increasing the credit period from 30 to 60 days, in response to a simi – McqOptions

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1.	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:
A.	an increase in the average collection period.
B.	a decrease in bad debt losses.
C.	an increase in sales.
D.	higher profits.
Answer» B. a decrease in bad debt losses.

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