The main reason for extending credit is to
A) match the competition.
B) improve cash flow.
C) increase sales.
D) increase prices.

Name: The main reason for extending credit is to A) match the competition. B) improve cash flow. C) increase sales. D) increase prices.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Extending credit primarily aims to increase sales by allowing customers to purchase goods or services and pay for them later, making it easier for them to buy more.

The Main Reason for Extending Credit Is to