Which of the Following Is a Disadvantage of Selling on Credit

question 50

Multiple Choice

Which of the following is a disadvantage of selling on credit?

• A)Some customers do not pay,creating an expense.
• B)Profits are decreased by making sales to a more specific range of customers.
• C)Sales can be made to fewer customers.
• D)Prices must be reduced when selling on credit.

Acknowledge the economic aspects of aging, including sources of income and poverty among older adults.

Comprehend the psychological and social impacts of living arrangements on the well-being of older adults.

Grasp the importance of interpersonal relationships and social attitudes in the well-being of older adults.

Understand marital satisfaction and relationship dynamics in late adulthood.

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Definitions:

Modified Duration

A measure of the sensitivity of a bond’s price to changes in interest rates, indicating how much the price will change as interest rates move.

Semiannually

Occurring or payable twice a year.

Steel Pier

A historic oceanfront amusement park located in Atlantic City, New Jersey, known for its entertainment offerings.

Modified Duration

A measure that quantifies the sensitivity of a bond's price to changes in interest rates, adjusted for the bond's yield.