Which two of the following are the key elements in determining the break-even default rate on a credit policy?
A) Credit price and cash price assuming a zero default rate
B) Required rate of return and percentage discount for cash customers
C) Variable cost per unit and required rate of return
D) Sales price and variable cost per unit for credit customers
E) Credit price and discount rate for cash customers

Question

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The Answer of Which two of the following are the key elements in determining the break-even default rate on a credit policy?
A) Credit price and cash price assuming a zero default rate
B) Required rate of return and percentage discount for cash customers
C) Variable cost per unit and required rate of return
D) Sales price and variable cost per unit for credit customers
E) Credit price and discount rate for cash customers

Which Two of the Following Are the Key Elements in Determining