Many small companies find that extending credit results in higher sales but
A) fewer customers.
B) more suppliers.
C) less cash on hand.
D) all of the above.

Name: Many small companies find that extending credit results in higher sales but A) fewer customers. B) more suppliers. C) less cash on hand. D) all of the above.
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Question

Quizplus · Accepted Answer

Extending credit can lead to higher sales but often results in less cash on hand because payments are delayed.

Many Small Companies Find That Extending Credit Results in Higher