Which of the following would be more likely to justify granting credit?
A) A higher profit margin
B) A lower probability of payment
C) A higher discount rate
D) A lower selling price

Name: Which of the following would be more likely to justify granting credit? A) A higher profit margin B) A lower probability of payment C) A higher discount rate D) A lower selling price
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Question

Quizplus · Accepted Answer

A higher profit margin implies that the business has greater financial stability and is better able to repay the credit line.

Which of the Following Would Be More Likely to Justify