Question: 1. Easing credit standards or who qualifies for credit should cause credit sales to: a. Increase b. Decrease c. No change 2. The Additional Sales

1. Easing credit standards or who qualifies for credit should cause credit sales to:

a. Increase b. Decrease c. No change

2. The Additional Sales associated with easing credit standards when calculating profit margin is based on:

a. Average Cost b. Average fixed Cost c. Average Variable Cost

3. All credit sales customers will take the credit discount.

a. True b. False

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