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5. Several factors influence the credit period. Please discuss this list of factors and what the impact might be on credit period extended to customers:

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5. Several factors influence the credit period. Please discuss this list of factors and what the impact might be on credit period extended to customers: a. Whether the goods exchanged are perishable b. If there is low consumer demand for the product C. The goods are relatively inexpensive, standardized goods or raw materials d. The relationship between credit period and credit risk e. The market for the goods is competitive

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