The primary reason for a business to allow customers to purchase goods or services on account is to:
A)decrease the marketability of the company's inventory.
B)increase cash flow from financing.
C)decrease cost of goods sold.
D)increase sales.

Question

Quizplus · Accepted Answer

The primary benefit of offering credit to customers is to encourage sales that may not be made if customers are required to pay cash.

The Primary Reason for a Business to Allow Customers to Purchase