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If You Extend Credit for a One-Time Sale to a New

Question 23

Multiple Choice
If you extend credit for a one-time sale to a new customer, you risk an amount equal to the:
A) sales price of the item sold.
B) variable cost of the item sold.
C) fixed cost of the item sold.
D) profit margin on the item sold.
E) fixed and variable costs of the item sold.

If you extend credit for a one-time sale to a new customer, you risk an amount equal to the:


A) sales price of the item sold.
B) variable cost of the item sold.
C) fixed cost of the item sold.
D) profit margin on the item sold.
E) fixed and variable costs of the item sold.

Correct Answer:

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