Determining the company credit policy

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What impact can a company's credit policy have on sales, bad debts and accounts receivable? Is it better for cash flow to have a tighter policy or more flexible policy?

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Reference no: EM131429130

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Determining the company credit policy : What impact can a company's credit policy have on sales, bad debts and accounts receivable? Is it better for cash flow to have a tighter policy or more flexible policy?
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