Allowing customers to buy on credit can significantly increase sales; however, credit sales can create cash flow problems.

Name: Allowing customers to buy on credit can significantly increase sales; however, credit sales can create cash flow problems.
Brand: Quizplus
Rating: 4.9 (38 reviews)

Question

Quizplus · Accepted Answer

Allowing customers to buy on credit can lead to increased sales, but it also means that you may not receive payment immediately. This can create cash flow problems if too much credit is extended without enough incoming cash to cover expenses.

Allowing Customers to Buy on Credit Can Significantly Increase Sales;