In this module, you will learn about the trade-offs of extending credit. By extending credit to customers, a company is likely to attract a greater number of customers willing to buy from it. The additional costs of extending credit include increased wage costs, bad debt costs, and delayed receipt of cash. Selling Goods or Services on Credit Advantages of Disadvantages of Extending Credit Extending Credit F Increased revenues Increased wage costs Bad debt costs Delayed receipt of cash A Knowledge Check 01 Which of the following are considered disadvantages of allowing customers to purchase goods on credit? (You may select more than