Question: Which statement concerning trade credit is true? Select one: a. One business's trade creditor is the other's trade debtor. b. In most businesses, an extra
Which statement concerning trade credit is true?
Select one: a. One business's trade creditor is the other's trade debtor.
b. In most businesses, an extra charge is made to those who choose to pay on credit. c.
All of the statements are true.
d. In a period of inflation, it is better to pay off goods bought on credit faster.
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