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Granting cash discountshas certain advantages for the enterprise, which include…
Granting cash discounts
has certain advantages for the enterprise, which include…
i) Improved cash flow.
i)
ii) Lower levels of bad debts.
ii)
iii) Increased need for working capital.
iii)
iv) Lower bank interest costs.
iv)
i, ii, iv
i, ii, iii
ii, iii, iv
i, ii, iii and iv
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