For this week's discussion, imagine yourself as proprietor of any firm you like. Describe briefly the products or services your firm will offer for sale. Would you extend trade credit to your customers? (Do not discuss credit card payments, but rather, direct credit to your customers.) Why or why not? How will this decision affect your sales and profits? If you choose to extend credit, how would you ensure that your firm is paid by its customers? How would you account for those who fail to pay?