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If You Extend Credit for a One-Time Sale to a New

Question 26

Multiple Choice

If you extend credit for a one-time sale to a new customer you risk an amount equal to:


A) the sales price of the item sold.
B) the variable cost of the item sold.
C) the fixed cost of the item sold.
D) the profit margin on the item sold.
E) zero.

Correct Answer:

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