Which of the following actions can be taken to reduce the firm's average collection period? Question 5 options: Decrease the firm's credit purchases. More aggressively collect delinquent credit accounts. Change the firm's inventory valuation method. Revise the firm's capital budgeting investment policy.

Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? a. when more people have children, their incomes tend to be higher and the housing prices are also higher. b. older people are more likely to stay in their houses, creating a seller's market that keeps prices low. c. an area with a lower population density won't have enough construction workers to build new houses quickly. d. an area with younger people will have a higher demand for rentals and a lower demand for buying.