Which of the Following Actions Can Be Taken to Reduce

question 58

Multiple Choice

Which of the following actions can be taken to reduce the firm's average collection period?

• A)Increase the firm's credit sales.
• B)Decrease the firm's credit purchases.
• C)More aggressively collect delinquent credit accounts.
• D)Change the firm's inventory valuation method.
• E)Revise the firm's capital budgeting investment policy.

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