state the most important factor that helps in receiving trade credit
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Explanation:
The extent and pattern of trade credit within an industry depend on a number of factors, including the average rate of turnover of stock, the nature of the goods involved—e.g., their perishability—the relative sizes of the buying and selling firms, and the degree of competition.
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Answer:
important factor
1) payment history: 35%
2) amount owed: 30%
3) length of credit history: 10%
4) new credit: 10%
5) Types of credit bin use: 10
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