Sales amount to P1,200,000. Sales terms are being revised from n/60 to n/45 and sales are...
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Sales amount to P1,200,000. Sales terms are being revised from n/60 to n/45 and sales are expected to decrease by 15%. How much would be the increase (decrease) in receivables as a result of this change? Sales amount to P1,200,000. Sales terms are being revised from n/60 to n/45 and sales are expected to decrease by 15%. How much would be the increase (decrease) in receivables as a result of this change?
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To calculate the increase or decrease in receivables as a result of the change in sales terms we ne... View the full answer
Related Book For
Intermediate Financial Management
ISBN: 978-1111530266
11th edition
Authors: Eugene F. Brigham, Phillip R. Daves
Posted Date:
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