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 Costc. Average Variable Cost 3. All credit sales customers will take the credit discount. a. True b. False

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