Question
Which of the following statements is true? A. New companies must be prepared to incur more bad debts than established businesses as part of the
Which of the following statements is true?
A. New companies must be prepared to incur more bad debts than established businesses as part of the cost of building up a good-customers list.
B. Generally, repeat orders warrant easier credit terms.
C. Companies with high profit margins need to be particularly careful about extending credit to high-risk customers.
D. New companies must be prepared to incur more bad debts than established businesses as part of the cost of building up a good-customers list, and, generally, repeat orders warrant easier credit terms.
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