Which of the following statement about credit cost is NOT correct? options: The cost...
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Finance
Which of the following statement about credit cost is NOT correct?
options: The cost from required return on receivables increases as credit policy is relaxed
The cost from losses from bad debts increases as credit policy is relaxed
Firms that don't grant credit have no carrying cost of credit Credit carrying costs are negatively related to the amount of credit extended
Opportunity costs of refusing credit go down if credit is granted
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