Which of the following is a benefit of selling on credit?
A)Revenues are increased by making sales to a wider range of customers.
B)Cash is received sooner.
C)Some customers do not pay, creating an expense.
D)Expenses are reduced by making sales to a wide range of customers.

Question

Quizplus · Accepted Answer

Selling on credit allows a business to increase revenues by reaching a wider range of customers who may not have immediate cash available, thus potentially increasing sales.

Which of the Following Is a Benefit of Selling on Credit