(Solution) If A Company Changes From Offering 30 Days' Credit To Customers To Offering 50 Days Credit, Which Of The Following Statements Is Correct? | Snapessays.com
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(Solution) If a company changes from offering 30 days' credit to customers to offering 50 days credit, which of the following statements is correct?


If a company changes from offering 30 days' credit to customers to offering 50 days credit, which of the following statements is correct?a) Cash generated from operations will increase.b) Cash generated from financing activities will decrease.c) Cash generated from operations will decrease.d) There will be no effect on the statement of cash flows.

 

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This question was answered on: May 23, 2022

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