Question: class: financial statement - You've been hired to help grow a start-up. It reported sales of $ 2 million during the past fiscal quarter. It
class: financial statement
- You've been hired to help grow a start-up. It reported sales of $ 2 million during the past fiscal quarter. It does not offer trade credit, as the majority of it's customer use credit card. In a bid to expand the business, you are asked to determine whether extending trade credit is a good idea. What factors are important for you in making this decision?
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