A company offers its goods to customers on 30 days credit for a to enhance the trade
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Question:
A company offers its goods to customers on 30 days credit for a to enhance the trade refrences.It also offers a 2% discount if payment is made within ten days of the date of invoice .
Calculate the cost to the company of offering discount by using the formula of the percentage cost of the discount?
Explain the term factoring in business and how business use the factoring when trading becomes difficult?
Explain how organisation use forfaiting and get benefit in trading?
How countertrade can be a good trade source for sellers?
Related Book For
Managerial Accounting Decision Making and Motivating Performance
ISBN: 978-0137024872
1st edition
Authors: Srikant M. Datar, Madhav V. Rajan
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