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Montano1993 [528]
3 years ago
5

Describe three ways that a business can grant credit. Why might granting credit to other businesses be risky for a supplier?

Business
1 answer:
ludmilkaskok [199]3 years ago
4 0

Answer:

The Best 5 Reasons For Businesses to Extend Credit

Additional Cash Flow. If customers can put off payment without consequences, they will. ...

Additional Sales

Additional sales will come in the form of customers spending more money on your products and services. ...

Higher Customer Loyalty. ...

Leverage During Negotiations. ...

Simple Technique For Extending Credit.

When selling on credit, there is a chance that the customer may go bankrupt and fail to pay you. The company will lose revenue. The company will also have to write off the debt as bad debt

hope it helps you

mark me as brainliest dude!!

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7 0
3 years ago
Which of the following is not normally considered an area of personal finance?
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4 0
3 years ago
Which of the following are amortizable organizational expenditures? Group of answer choices Professional fees to issue the corpo
satela [25.4K]

Answer:

The answers are:

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After 10/22/2004, organizational cost up to $5,000 can be deducted as an expense. The remaining organizational costs can be amortized over fifteen years.

5 0
3 years ago
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Answer:

0

$180,000

0

$240,000

Explanation:

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When people take money out of the bank, they have to pay them back with a little more and interest is why.<span />
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