If a Firm with Credit Terms of 1/10 Net 30

question 33

Multiple Choice

If a firm with credit terms of 1/10 net 30 were to change its terms to 3/10 net 30,the result would probably be

• A) increased bank loans.
• B) increased accounts receivable turnover.
• C) an increase in the average level of accounts receivable.
• D) a decrease in accounts payable.

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Definitions:

Social Media

Platforms and technologies that enable users to create, share content, and participate in social networking on the internet.

Social Media

Online platforms and technologies that enable users to create, share content and participate in social networking.

Media Imperialism

The dominance of larger or wealthier countries' media over smaller or poorer countries, influencing their culture and values.

Mass Media

Forms of communication, such as television, newspapers, and the internet, that reach large audiences simultaneously.