Suppose MMP Changes Its Policy and Starts Requiring All of Its

question 100

Multiple Choice

Suppose MMP changes its policy and starts requiring all of its customers to pay within 20 days rather than the 30 days that it currently allows.Which one of the following will result from this change?

• A)Increase in receivables period
• B)Increase in inventory period
• C)Decrease in cash cycle
• D)Increase in operating cycle
• E)Increase in accounts payable period

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A firm that facilitates the buying and selling of stocks and other securities on behalf of clients in exchange for fees or commissions.

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Groups to which an individual does not belong or identify with, often perceived as different or oppositional to one's ingroup.

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Oversimplified and unfavorable beliefs about a group of people that do not account for individual differences and complexities.