Question: Question 1 5 ( 1 0 points ) A large manufacturing firm has been selling on a 3 1 0 , net 3 0 basis.

Question 15(10 points)
A large manufacturing firm has been selling on a 310, net 30 basis. The firm changes its credit terms to 220, net 90. What change might be expected on the balance sheets of the manufacturing firm?
Increased payables
Increased receivables
Decreased receivables
Decreased payables
tion
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Question 1 5 ( 1 0 points ) A large manufacturing

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