If the current credit policy is 3/30 net 60, which of the following loosens the credit policy?
A)3/20 net 60
B)3/35 net 75
C)2/30 net 60
D)3/30 net 45

Name: If the current credit policy is 3/30 net 60, which of the following loosens the credit policy? A)3/20 net 60 B)3/35 net 75 C)2/30 net 60 D)3/30 net 45
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Option B, 3/35 net 75, loosens the credit policy by extending both the discount period from 30 to 35 days and the overall credit term from 60 to 75 days, allowing customers more time to pay.

If the Current Credit Policy Is 3/30 Net 60, Which