If a firm's credit period is decreased, the sales volume can be expected to ________, the investment in accounts receivable can be expected to ________, and the bad debt expenses can be expected to ________

A) increase; decrease; decrease
B) increase; increase; decrease
C) increase; increase; increase
D) decrease; decrease; decrease

D

Business

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A broker or salesperson may perform all of these actions in preparation for a closing EXCEPT

A) explain closing procedures to both buyer and seller and anticipate decision making alternatives. B) maintain a time schedule and provide net data. C) coordinate inspections and deliver documents and escrow monies to the appropriate attorney. D) conduct any title searches that might be required.

Business

________ are also called new-to-the-world products because the firm has created a new product category

A) Classically innovative products B) New category entries C) Line extensions D) Improved products

Business