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Explain the terms- Stock and Share
Stock
Ownership of a company represented by shares that are a claim on the company's earnings and assets.
Share
Unit of equity ownership in a company or in a mutual fund. This ownership is presented by a share certificate, which names company and the shareholder.
Q. Credit Analysis for Formulation of Optimum Credit Policy? Credit Analysis: - Credit Analysis is made to estimate the credit worthiness of the customers before making credi
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Preferably all customers will settle within the agreed terms of trade. If this doesn't happen a company needs to have in place agreed procedures for dealing with overdue accounts.
Evaluate the importance of leverage in financial management of a small scale company
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