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10 Cards in this Set
- Front
- Back
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Which of the following is not one of the 5 c's of credit
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customer
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Although the operating cost for AR maybe quite large, the largest current asset balances aer usually in _____.
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Inventory
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The magnitude of a companies accounts receivable obviously depends on a number of factors except _____.
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the difference between current assets and current assets and current liabilities.
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The relative proportion of cash sales and credit sales may make an important difference to _____.
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expected cash flows
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How much freedom a company has, in setting the terms in which it will grant credit.
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competitive position
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Obtaining trade credit can be _____.
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low cost option to increase cash
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Which is not a way to use inventory security for a loan?
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staged financing
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Which is not a factor that influences the interest borrowers paid?
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repayment location
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Which asset represents the most important current asset of most manufacturing and trade companies?
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Inventory
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Economic factors do play an important part in credit policy the key issue is the ____ ent. product
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elasticity of demand
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