What kind of credit policies should businesses implement

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Reference no: EM131948515

Consider the following as you read:

Credit is an essential part of doing business, and many small and large businesses would not be able to generate targeted sales if they did not offer their customers a buy now, pay later option.

How can companies manage credit accounts effectively to minimize losses?

What kind of credit policies should businesses implement to keep customers buying while increasing their receivables turnover rate?

Reference no: EM131948515

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