Multiple Choice
Assuming that a credit decision has been analyzed and credit refused due to a negative expected profit,which of the following changes,if of sufficient magnitude,might change the decision to one of approval?
A) Increase the percentage of profit margin.
B) Decrease the probability of payment.
C) Increase the discount rate.
D) Reduce the expected profit.
Correct Answer:
Verified
Correct Answer:
Verified
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