Question 9 5 pts Tiger Golf Co. sells its custom golf shoes on credit terms because its competitors, NIKE and Foot Joy are also trying to increase market share. Tiger must have a credit policy that covers which of the following: How customers qualify for credit. The maximum credit that a customer can be allowed. The specific terms of the credit arrangement between the company and the customer. Specific steps and actions that will be taken if the customer does not pay part or all of the amounts due on a timely basis. All of the above. None of the above. Question 10 5 pts Tesla must carry inventory to meet demand from its customers. If the item is not in inventory the production process is interrupted and costs go up significantly. However, Tesla's finance managers are concerned about carrying too much material inventory as they borrow money to finance the inventory on hand which can prove to be expensive. Management therefore spends a considerable amount of time evaluating _? the demand for its products over the next period. the costs associated with holding a sufficient amount of inventory - both financing, storage, transportation and other costs the costs associated with not having enough inventory to satisfy customer demand. the EOQ model or economic ordering quality model to determine the optimal amount of inventory to maintain all of the above. none of the above as these issues relate to accounts payable to vendors