Susan Lowe, the vice president of sales for Holiday Pools and Spas, wants the company's credit department

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Susan Lowe, the vice president of sales for Holiday Pools and Spas, wants the company's credit department to be less restrictive in granting credit. "How can we sell anything when you guys won't ap- prove anybody?" she asks. Discuss the pros and cons of "easy credit." What are the accounting implications?

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471730514

4th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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