Question:The credit policy of Spurting Products inc. is "1.5/10, net 35." At present, 30% of the customers take the discount, 62% pay within the net period, and the rest pay within 45 days of the invoice. If all the customers took advantage of the cash discount, the Receivables ________. 

A will be lower than the present level 
B will remain unchanged 
C will be higher than the present level 
D cannot be determined without more information 

+ Answer
C 

+ Explanation
answer not sure

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Md. Habib Ullah

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