A. Cite and discuss five reasons for the extensive use of trade credit.
b. What are the five Cs of credit?
c. Optical Supply Company offers credit terms of 2/10, net 60. If Optical Supply is considering a change in its credit terms to one of those indicated, explain whether the change should increase or decrease sales.
(a) 2/10, net 30,
(b) net 60,
(c) 3/15, net 60,
**Attached is the answer**