pull 和 drag

问题如下：

Changing its accounts receivable policy to extend credit to customers with lower creditworthiness will most likely result in:

选项：

A.

a pull on liquidity.

B.

a drag on liquidity.

C.

no effect on liquidity.

解释：

B is correct. By extending credit to customers with lower creditworthiness, the company is likely to experience more delinquent or uncollectible accounts and an increase in days sales outstanding, resulting in a drag on liquidity.

A is incorrect, because a pull on liquidity would result from an acceleration of cash outflows. In this case, the change to the company’s credit policy has the effect of slowing cash inflows.

C is incorrect, because the change in the company’s accounts receivable policy would likely increase its working capital needs due to having higher accounts receivable.