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Highlights of Monetary Policy FY 2077/78 July 20, 2020
Solved – Increase sales from their present annual $24 million, Kim Chi Company, a wholesaler, may try more liberal credit standards April 5, 2020
Solved – Porras Pottery Products, Inc., spends $220,000 per annum on its collection department. The company has $ 12 Million in credit sales April 5, 2020
Solved – The Acme Aglet Corporation has a 12% opportunity cost of funds and currently sells on terms of “net 10, EOM” April 5, 2020
Solved – Kidd Corporation presently gives credit terms of “net 30 days”. It has $60 Million in credit sales and its average collection period is 45 days April 5, 2020
Solved – Matlock Gauge Company makes wind and current gauges for pleasure boats. The gauges are sold throughout the Southeast to boat dealers April 5, 2020
Solved – The McCollough Company has a variable operating cost ratio (VCR) of 70%, its cost of capital is 10% and current sales are $10,000. All of its sales April 5, 2020
Solved – The Pettit Corporation has annual credit sales of $2 Million. Current expenses for the collection department are $30,000, bad debt losses April 5, 2020
Solved – Flint Distributors makes all sales on a credit basis, selling on terms of 2/10, net 30. Once a year, it evaluates the creditworthiness of all its customers. April 4, 2020
Solved – Morrissey Industries sells on terms of 3/10, net 30. Total sales for the year are $900,000. Forty percent of the customers pay on Day 10 and take April 3, 2020

Start To Start-Up #AEDP5E
If you can think, you can dream !!If you are dreaming ...You are already on the way to achieving it !!! Think it ..Dream it .. pursue it !!! #StartToStartUp#AEDP5E #comingsoon
Publiée par Apex Entrepreneurship Club (E-club) sur Lundi 21 janvier 2019

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