What credit decision is appropriate for a potential customer that offers a 75% chance of paying on a $10,000 sale which has an 80% cost?
What credit decision is appropriate for a potential customer that offers a 75% chance of paying on a $10,000 sale which has an 80% cost?
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Expected profit from offering credit p x PVRevenue co...
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Authors: Michael C. Knapp
8th edition
978-0538466790, 538466790, 978-1285066608
