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1. Why might it be argued that uncollected balance percentages are superior to other measures used to monitor customer payment patterns? 2. Why shouldn't a

1. Why might it be argued that uncollected balance percentages are superior to other measures used to monitor customer payment patterns?

2. Why shouldn't a credit manager be overly aggressive when first contacting a customer who has just missed a payment due date?

3. Why is trade credit called spontaneous financing?

4. Why might a buyer take a cash discount?

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