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Does An increase in a firm's average collection period generally indicates that an increased number of customers are taking advantage of the cash discount?
An increase in a firm's average collection period typically suggests that customers are taking longer to pay their invoices, which may indicate weaker credit management or a slowdown in collections rather than an increase in the utilization of cash discounts. If more customers were taking advantage of cash discounts, one would expect to see a decrease in the average collection period as payments are made more promptly. Therefore, an increase in the average collection period does not generally correlate with more customers benefiting from cash discounts.
What else can I help you with?
What is your biggest achievement as a supervisor of credit and collection department?
You could say that you have increased collections by a certain percentage. You could also say you have come up with new systems to motivate and encourage stronger collections and more credit.
Are Liability accounts are increased by debits?
No Liabilities will not be increased they will be decreased by debits
Asset accounts are increased by debits?
Yes. And Liabilties are increased by credits.
If total liabilities increased by 5000 then?
stockholder's equity must have increased by 5,000
During inflation period tax rates should be increased or decreased?
increased
What is one advantage of free trade?
One advantage of free trade is that it leads to increased production as well as increased efficiency. Another advantage is that free trade allows for economic growth.
How can the mechanical advantage of a lever be increased?
The mechanical advantage of a lever can be increased by either increasing the length of the lever or by changing the position of the fulcrum closer to the load.
What is a advantage of high visibility?
High visibility can lead to increased brand recognition, attract more customers, and build trust with your target audience. It can also help differentiate your business from competitors and improve your overall reputation in the market.
What are threats to bioreserves?
increased poaching and collection of firewood etc
What kind of fundamental change is vpp?
VPP (Value Pricing Policy) is a fundamental change in pricing strategy that focuses on setting prices based on the value perceived by customers rather than on production costs. It involves aligning pricing with the benefits received by customers, which can lead to increased profitability and competitive advantage.
When companies discover they can communicate better with their customers thruough employees who are similar to their customers those companies then realize they have increased their?
Internal
What can be increased on a lever to increace its mechanical advantage?
Effort Arm
What special advantage does physical capital offer?
Two of the advantages offered by physical capital are extra time and increased knowledge. Another advantage is increased productivity.
Advantage and dis-advantage of stimulants?
Drugs that have an effect on the central nervous system, such as increased mental and/ or physical alertness
What can be increased on a lever increase it's mechanical advantage?
Effort Arm
Why is it that the rain is an advantage of hydroelectric power plant?
Increased water pressure
What two things did the intendancy system to?
It led to decentralization and increased tax collection.
