Does it pay to take discounts when they are offered

Assignment Help Management Theories

Reference no: EM131385150

1. How does an open charge account differ from a revolving charge account?

2. What is meant by the terms 2/10, net 30? Does it pay to take discounts when they are offered?

3. What is the major purpose of aging accounts receivable? At what point in credit management should this activity be performed? Why?

Reference no: EM131385150

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