Question: Which of the following will decrease the net present value associated with extending trade credit to a customer? a. Increase in the discount rate b.
Which of the following will decrease the net present value associated with extending trade credit to a customer?
| a. | Increase in the discount rate | |
| b. | Decrease in the discount rate | |
| c. | Decrease in credit administration expenses | |
| d. | Decrease in the variable cost ratio |
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