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Other Fields Homework Help Finance Topic started by: meganA on Jul 7, 2019



Title: What should a firm do after establishing a credit policy?
Post by: meganA on Jul 7, 2019
What should a firm do after establishing a credit policy?

▸ Decide what should be done for those customers who do not pay their accounts on time.

Monitor its accounts receivable to analyze whether its credit policy is effective.



▸ Determine what percent of monthly sales are collected in the month after that sale.

▸ Decide on the length of the period before payment must be made.


Title: What should a firm do after establishing a credit policy?
Post by: linds on Jul 7, 2019
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Title: What should a firm do after establishing a credit policy?
Post by: meganA on Jul 7, 2019
TY


Title: What should a firm do after establishing a credit policy?
Post by: linds on Jul 7, 2019
Welcome :)