Suppose that a firm elected to tighten its trade credit policy from “2/10, net 90” to “2/10, net…

 
   

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Suppose that a firm elected to tighten its trade credit policy from “2/10, net 90” to “2/10, net 30.” What effect could the firm expect this change to have on its liquidity?

Suppose that a firm elected to tighten its trade credit