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The credit policy of Spurling Products 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 within45 days of invoice. What would receivables be if all customers took the cash discount?

 

Lower than the present level.

 

No change from the present level.

 

Higher than the present level.

 

Unable to determine without more information.

Accounting Information Management Audit Management Project Management Management
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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/03/30
Upvote (4) Views (12) Followers (9) Answers (7) Report Question
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Mir Mujtaba Ali
by Mir Mujtaba Ali , Internal Audit Manager , Confidential

Lower than the present level<<<<<<<<<>>>>>>>>>>>>

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

Lower than present level ..

Ayoub Tartir , PMP, GWCPgM, CISA, CISSP, CAP, CSSLP, FITSP-D, CEH, CHFI, CCNA, CCNA Security, Security+, Network+

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

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Agree with all experts answer ???????????????

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

>>>>>>>>>>>>. Lower than the present level.

 

Deleted user

 

Agree with all experts

Thank you 

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

........... . .. 

 

 

Lower than the present level............ . . .

 

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