a. What are the basic components of credit policy? b. Explain what terms of 3/45, net 90

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a. What are the basic components of credit policy?

b. Explain what terms of “3/45, net 90” mean. What is the effective interest rate?

c. What are the five Cs of credit?

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Essentials Of Corporate Finance

ISBN: 9781265414962

11th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Jan 02, 2023 07:08 AM

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a. What are the basic components of credit policy? b. Explain what terms of 3/45, net 90

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Credit standards This refers to the criteria that a lender uses to determine whether to extend credit to a borrower This may include factors such as t...View the full answer

Essentials Of Corporate Finance

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