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11. Which one of the following actions will tend to increase the accounts receivable period...

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Accounting

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11. Which one of the following actions will tend to increase the accounts receivable period from its current 14 days? A) Switching from a credit to a cash policy for some customers B) Refusing to grant additional credit to any customer who pays late C) Increasing the finance charges applied to all customer balances outstanding over 30 days D) Granting discounts for cash sales E) Eliminating the discount for early payment by credit customers 12. Which one of the following statements is correct concerning the cash cycle? A) The longer the cash cycle, the more likely a company will need external financing. B) Increasing the accounts payable period increases the cash cycle. C) Accepting a supplier's discount for early payment decreases the cash cycle. D) The cash cycle can exceed the operating cycle if the payables period is equal to zero. E) Offering early payment discounts to customers will tend to increase the cash cycle

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