_____ refers to the length of time allowed by a firm for its customers to make payment for their purchases. a) Holding period b) Pay-back period c) Average collection period d) Credit period

_____ refers to the length of time allowed by a firm for its customers

1.	_____ refers to the length of time allowed by a firm for its customers to make payment for their purchases. a) Holding period b) Pay-back period c) Average collection period d) Credit period
Answer» Credit period refers to the length of time allowed by a firm for its customers to make payment for their purchases.

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_____ refers to the length of time allowed by a firm for its customers to make payment for their purchases. a) Holding period b) Pay-back period c) Average collection period d) Credit period

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