Atlanta Inc. recently decided to lower its budget for doubtful accounts by dropping bad debt expense from 2% of sales to 1% of sales. Ignoring taxes, what are the direct effects of this decision on firms' operating cash flow and operating income respectively? No effect / increaseIncrease / No effectDecrease / No effectIncrease / Decrease
+3
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Atlanta Inc. recently decided to lower its budget for doubtful accounts by dropping bad debt expense from 2% of sales to 1% of sales. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » Atlanta Inc. recently decided to lower its budget for doubtful accounts by dropping bad debt expense from 2% of sales to 1% of sales.