Bad-debt loss ratio

1. What are the marginal returns and costs associated with a more liberal extension of credit to a firm’s customers?
2. What are the major credit policy variables a firm can use to control its level of receivables investment?
3. Define the following terms:
a. Average collection period
b. Bad-debt loss ratio
c. Aging of accounts

Last Updated on February 10, 2019 by EssayPro