What could be the possible effects off following the advice


The CFO of PQR Inc. was advised by his creditmanager to give better credit terms to new customers to inducesales. The CFO was concerned about the effects of doing the same onthe financial statements, such as total assets and return on totalassets. In your opinion, what could be the possible effects off following the advice of the credit manager on the financialstatement items?

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Accounting Basics: What could be the possible effects off following the advice
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