It has been said that credit terms should be extended until


Question: It has been said that credit terms should be extended until the marginal net revenues from increased sales equal the marginal costs of extended credit terms. What are some of the operational difficulties in implementing this rule? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: It has been said that credit terms should be extended until
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