Feldman Floor Coverings sells carpet and tile from five reta…
Feldman Floor Coverings sells carpet and tile from five retail stores. Theft losses are almost nonexistent. Most customers pay by check or credit card, so little cash is kept on the premises. Most of the merchandise in the stores, floor coverings, is difficult to steal by customers. When theft losses occasionally occur, the losses are paid through current cash flow. This method of dealing with theft losses is called:
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