Offering sales discounts on credit sales can benefit a seller by decreasing the delay in receiving cash and reducing future collections efforts.

Question

Quizplus · Accepted Answer

Offering sales discounts incentivizes buyers to pay their invoices early, which decreases the delay in receiving cash for the seller. This also reduces the future collections efforts that may be needed to recover unpaid debts.

Offering Sales Discounts on Credit Sales Can Benefit a Seller