Using the same example, imagine that this time you agreed to sell the computer on credit, but
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Using the same example, imagine that this time you agreed to sell the computer on credit, but a few days later you receive a letter from your telephone service provider that you will be disconnected unless you pay an overdue invoice. Which of the following actions do you think is the best one to take and which is the worst? Give your reasons.
(a) Allow the connection to be cut and have it reconnected after you have received the cash from the sale of the computer.
(b) Use your savings to pay the bill.
(c) Take out a loan to pay the bill.
(d) Ask the person who bought the computer to pay you immediately.
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Related Book For
Business Accounting An Introduction To Financial And Management Accounting
ISBN: 9780230276239
2nd Edition
Authors: Jill Collis, Roger Hussey, Andrew Holt, Holt Collis, J. Collis
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