ryliekocik1 ryliekocik1

31-10-2019
Business

contestada

How would allowing customers ( with good credit) avoid payments and interest for up to four years, affect a businesses balance sheet?

Respuesta :

fernandoalonsoc fernandoalonsoc

08-11-2019

Answer:

It will undermine the portfolio. Increase the accounts receivable and it is a dangerous practice if the company does not use a collateral to secure the repayment of the credit.

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