In part because money has time value, cash sales are always more profitable and more valuable than credit sales.

Name: In part because money has time value, cash sales are always more profitable and more valuable than credit sales.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cash sales are not always more profitable than credit sales, as the profitability depends on various factors such as interest rates, customer relationships, and business strategy.

In Part Because Money Has Time Value, Cash Sales Are