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Q. What is Credit Analysis?
Potential credit customers must be carefully screened using such methods as bank references, trade references, credit reports from credit reference agencies and analysis of financial statements. The extent of the credit analysis must depend on the size of the initial order as well as the potential for repeat business. Credit analysis is able to improve receivables management by reducing the incidence of bad debts slow payers and troublesome customers.
five modern accounting techniques
Richard Company had 102,000 shares of $5 par value common stock issued and outstanding before repurchasing 10,200 shares for $76,500. Richard had received $2,040,000 cash from shar
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Q. Show benefits of factoring? Factor finance The factoring company will progress up to 80% of the face value of invoices raised. This would permit Doe Ltd to pay its trad
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