If the cash discount period is increased, a firm's investment in accounts receivable is expected to ________
A) increase because existing customers attracted by the new policy will buy more products
B) decrease because of non–discount takers paying earlier to avail the cash discount
C) decrease because discount takers will pay more in order to get more discount
D) decrease because new customers will doubt the quality of product due to increase in discount
B
Business
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Which of the following is true about a special power of attorney?
A) It is an implied form of the power of attorney. B) It limits the agents powers to those enumerated in the agreement. C) It allows the agent to act in any matters on the principal's behalf. D) It only allows certified lawyers to be agents.
Business
Prepare the table of expected values for this test
What will be an ideal response?
Business