A firm that has an average age of accounts receivable that is signific

A firm that has an average age of accounts receivable that is significantly lower than the industry average:

A) may have higher credit standards and offer credit to only the most highly qualified customers.
B) may have credit terms that allow fewer days to pay before beginning to charge interest.
C) may offer a larger discount than the industry average to encourage customers to pay early.
D) All of the above.

 

 

ANSWER

D

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