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Author Question: One drawback of offering liberal credit to customers is that it can: A) delay the sales to a future ... (Read 68 times)

Wadzanai

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  • Posts: 528
on: Jul 14, 2018
One drawback of offering liberal credit to customers is that it can:
 A) delay the sales to a future period.
  B) increase the cost of credit to customers.
  C) delay the receipt of cash that the firm needs to meet its financial obligations.
  D) decrease sales by the extension of credit and cause a loss to the company.

Question 2

Shareholders of an S-corporation are taxed as if they were owners in a partnership.
 
 Indicate whether the statement is true or false


jesse.fleming

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  • Posts: 301
Reply #1 on: Jul 14, 2018
Answer to Question 1

C

Answer to Question 2

True


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