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Jenna’s receivables’ collection period has changed from 54 days to 41 days. Which of the following reasons could explain this? A Jenna has taken advantage of early settlement discounts offered by suppliers. B Some key suppliers have decreased their payment terms from 60 days to 30 days. C Jenna’s payment terms for customers have been increased from 30 days to 60 days. D Early settlement discounts have been offered to customers. |