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What is Impact of Credit Policy Changes on Sales about?

Multitech Limited is a company that sells products on credit. They are considering relaxing their credit policies to increase sales. Specifically, they are considering: 1. Expanding credit eligibility to more customer categories, which could increase sales by Rs. 50 million but also bad debts by 12%. 2. Extending the credit period from 30 to 60 days, which could increase credit sales by Rs. 40 million but also increase the average time to collect payment. 3. Offering a better cash discount, which coul

Author

RTR TECHNOLOGY

Language

EN