Q. When a company liberalizes its cash discount policy (Solved)
1. It increases the cost of discount
2. It leads to an increase in the average collection period
3. The discount period may be lengthened
4. All of the above
- d. All of the above
1. It increases the cost of discount
2. It leads to an increase in the average collection period
3. The discount period may be lengthened
4. All of the above