Which of the following represents an advantage of offering more lenient credit terms to a firm?
A) increasing sales
B) reducing risk
C) decreasing debt
D) speeding up the receipt of cash

Question

Quizplus · Accepted Answer

Offering more lenient credit terms can attract customers to purchase from the firm, leading to an increase in sales. This can help compensate for the potential increase in bad debt expenses from offering more flexible credit terms.

Which of the Following Represents an Advantage of Offering More