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Credit Policy of a firm should involve a trade-off between ---- increased ----?

<p><strong>(a) Sales and Increased Profit,</strong></p> <p><strong>(b) Profit and Increased Costs of Receivables,</strong></p> <p><strong>(c) Sales and Cost of goods sold,</strong></p> <p><strong>(d)None of the above.</strong></p> <p><strong> </strong></p>

Managerial Finance Financial Analysis Financial Management Finance
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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/09/25
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Kamran Anjum
by Kamran Anjum , Head of Internal Audit , Rafhan Maize Products Company limited, Faisalabad, Pakistan, Ingredion Incorporated Gmbh

Correct answer is Option B) Profit and Increased Costs of Receivables.

Ahmed Abd Alwahab Awad Ibrahim
by Ahmed Abd Alwahab Awad Ibrahim , Chief Accounting , ICCDP

    (b) Profit and Increased Costs of Receivables,

Sara Naeem
by Sara Naeem , Trainee Finance officer , Wah Brass Mill

B

Abdul Wahab
by Abdul Wahab , Credit Controller , Takween Advanced Industries

-B-

Mohamed Esam Mohamed Kamel
by Mohamed Esam Mohamed Kamel , Financial Analyst , Egyptian Water & Wastewater Regulatory Agency (EWRA)

Answer (B)

Anayatullah Tahir
by Anayatullah Tahir , Finance Manager , Etqan Projects

Option B

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option (b)    >>>>>>>>>>>>  Profit and Increased Costs of Receivables

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