Question: Indicate the most likely effect of the following changes in

Indicate the most likely effect of the following changes in credit policy on the receivables turnover ratio and days to collect (+ for increase, – for decrease, and NE for no effect).
a. Granted credit with shorter payment deadlines.
b. Granted credit to less-creditworthy customers.
c. Increased effectiveness of collection methods.

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  • CreatedNovember 02, 2015
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