Examlex
Which one of the following would tend to create an unexpected increase in a firm's average collection period?
Convertible Bond
A type of bond that can be converted into a predetermined number of shares of the issuing company's stock.
Cash Payments
Transactions in which the purchaser pays for a good or service using physical currency or through immediate digital transfer of funds.
Dividends
Payments made by a corporation to its shareholder members, usually as a distribution of profits.
Junk Bonds
High-risk, high-interest bonds issued by companies or entities with lower credit ratings, considered to be below investment grade.
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