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April 27, 2015

Homework Help: accounting

Posted by donald on Tuesday, July 20, 2010 at 12:32am.

How you would expect the following events to affect each type of lag:
a. The company imposes a service charge on late payers.
b. A recession causes customers to be short of cash.
1. C. The company changes its terms from net 10 to net 20.

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