Regina Golden, the vice president of sales for Tropical Pools and Spas, wants the company's credit department

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Regina Golden, the vice president of sales for Tropical Pools and Spas, wants the company's credit department to be less restrictive in granting credit. "How can we sell anything when you guys won't approve anybody?" she asks. Discuss the pros and cons of easy credit. What are the accounting implications?
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Accounting Principles

ISBN: 978-1119419617

IFRS global edition

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

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