The benefit of extending credit to customers is the potential increase in sales.

Question

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Extending credit to customers can make it easier for them to make purchases, which can lead to an increase in sales. It also allows customers to make larger purchases that they may not be able to afford upfront, again, potentially increasing sales. However, this also carries the risk of customers not paying back their debt, leading to potential financial loss for the business.

The Benefit of Extending Credit to Customers Is the Potential