The Optimal Credit Amount Is Determined By

question 68

Multiple Choice

The optimal credit amount is determined by:

• A)The point which minimizes the total credit cost curve.
• B)The point which maximizes the carrying costs associated with granting credit.
• C)The point which maximizes opportunity costs associated with granting credit.
• D)The point where the additional net cash flow from new customers will not cover the
• Carrying costs of the investment in receivables.
• E)Both A and D.

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Definitions:

Adenine

One of the four nucleobase compounds in DNA and RNA that is fundamental to the coding of our genetic information.

Cytosine

One of the four main bases found in DNA and RNA, which pairs with guanine during the nucleic acid structure formation.

Sex Chromosome Pattern

The configuration of chromosomes that determines an individual's sex, typically XX for females and XY for males in humans.

Males

Members of the sex that produces sperms, typically engaged in fertilizing the ovum in reproduction