Credit manager on the financial statement items

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Reference no: EM13257043

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 total assets. In your opinion, what could be the possible effects of following the advice of the credit manager on the financial statement items?

Reference no: EM13257043

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