kastury0708 kastury0708
  • 22-01-2021
  • Law
contestada

Discuss FOUR (4) disadvantages of trade credit to the
buyer

Respuesta :

DakotaLynn321 DakotaLynn321
  • 22-01-2021

Answer:

Disadvantages of utilizing trade credit include loss of goodwill, higher prices of raw materials, the opportunity cost of discount, administration cost, and under worst circumstances one may lose the supplier as well. For suppliers, bad debts are the biggest disadvantage among others.

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