Increasing the credit period from 30 to 60 days, in response to a similar action taken by all of our competitors, would likely result in:

Start networking and exchanging professional insights

Next Question:
An increase in provision for bad debt will ?
Posted by:
Ahmed Hassanin CMA
04-July-2015

an increase in the average collection period.

a decrease in bad debt losses.

an increase in sales.

higher profits.

Accounting Information Management Audit Management Project Management Management

Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/03/30

Upvote (4) Views (26) Followers (20) Answers (17) Report Question

Write an Answer
Register now or log in to answer.

17 Answers

by sarah elkassem , financial consultant , acelife

an increase in the average collection period.

Upvote (5)

Downvote Reply () Report

by Ahmed kandil , Cost Controller , Battour Holding Cpompany

Increase in sales is correct answer

Upvote (4)

Downvote Reply () Report

by ANEESH BABU SURESH , Senior Area Sales Manager , NISSAN AUTHORIZED DEALER-PINNACLE MOTORWORKS PVT. LTD.

MORE CASH OR CREDITS REQUIRED FOR RAISING INVENTORY.

Upvote (4)

Downvote Reply () Report

by HANIF KHAN , Purchase Executive , Escon Elevators Pvt Ltd

a decrease in bad debt losses.

Upvote (2)

Downvote Reply () Report

by khaled elkholy , HR MANAGER , misk for import & export

Agree with alllllllllllllllllllllllllll expert.,,,,,,,,,,,,,

Upvote (2)

Downvote Reply () Report

by Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+ , IT Security Expert , Information Unlimited Inc. (IUI)

My answer is same as experts, which is choice (A)

Upvote (2)

Downvote Reply () Report

by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

........ . . .

. . .

an increase in the average collection period

Upvote (2)

Downvote Reply () Report

by Mohammed Shahid Ullah , Executive Director (Finance) , Coal Power Generation Company Bangladesh Limited

Increasing the credit period from30 to60 days, in response to a similar action taken by all of our competitors, would likely result in an increase in the average collection period.

Upvote (2)

Downvote Reply () Report

by Nancy Refai , Health, safety and environmental management Trainer and consultant , Freelancer

It will most likely cause an increase on the average collection period. at the same time it may enhance an increase in sales and accordingly more profits

Upvote (1)

Downvote Reply () Report

by Deleted user

would likely result in an increase in the average collection period.

Upvote (1)

Downvote Reply () Report