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Consideration should be given to the company’s investment in accounts receivable since there is an opportunity cost associated with holding receivable balances. The major decision regarding...
Accounts receivable management directly affects corporate profitability and cash flow. For example: too much money tied up in accounts receivable would be a drag down on...
This is specifically written as a supplement of my previous post about “Developing Credit Policy”. As I aware that company may need to arrange a special...
This is to follow my previous post about credit policy. And on this post we are developing a credit policy. Credit is temporary capital and the...
Credit is an indispensable catalyst in financing the movement of commerce. Its roots go fairly deep in time and are definitely as old as the concept...