Business, 31.10.2019 06:31, rhodesnyla01

M8-1 evaluating the decision to extend credit [lo 8-1 nutty productions inc. generated service revenue of $48,000 and income from operations of $19,000. the company estimates that, had it extended credit it would have instead generated $87,000 of service revenue, but it would have incurred $34,000 of additional expenses for wages and bad debts. 1-a. using these estimates, calculate the amount by which income from operations would increase (decrease) income from operations by 1-b. should the company extend credit? yes no

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M8-1 evaluating the decision to extend credit [lo 8-1 nutty productions inc. generated service reven...