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What are the four key facts in a firm's credit policy?How would an easy policy differ from a tight policy?

What are the four key facts in a firm's credit policy?How would an easy policy differ from a tight policy? Give examples how the four factors might differ between the two policies. How would the easy versus the tight policy affect sales? Profits?

What are the four key facts in a firm's credit policy? How would an easy policy differ from a tight policy? Give examples how the four factors might differ between the two policies. How would the...
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