Firm’s Sales that are on Credit Assignment

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February 19th, 2020

In general, the smaller the portion of a firm’s sales that are on credit, the? (explanation please)

a) lower will be the firm’s need to borrow.

b) more rapidly credit sales will be paid off.

c) higher will be the firm’s need to borrow.

d) more the firm can buy raw materials on credit. Get Finance homework help today

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