Which of the following is a cost of granting credit?
A) the opportunity cost of funds being tied up
B) all the options are costs of granting credit
C) administration costs for managing receivables
D) the cost of carrying slow payers and bad debts
Correct Answer:
Verified
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A)temporary,permanent or
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Q18: Permanent assets should be financed with what
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A)unsecured debt.
B)hybrid debt.
C)uncoordinated
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