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Determining the optimal credit policy is based on a trade-off between the carrying costs of granting credit and the: Multiple Choice lost profits from refusing

Determining the optimal credit policy is based on a trade-off between the carrying costs of granting credit and the:

Multiple Choice

lost profits from refusing credit.

opportunity cost of the delayed payments.

cash flows delayed from granting credit.

variable costs associated with the delayed payments.

present value of uncollected sales.

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