What is trade credit, Given that accounts receivable

What is trade credit

Reference no: EM13271879

Finance Homework questions
1. Define the following terms:
a. Current assets
b. Current liabilities
c. Working capital
d. Net working capital
2. Working capital management is said to be a "trade-off" between two goals. Explain this statement.
3. Explain what is meant by the term "cash conversion cycle."
4. . Given that cash accounts generally don't pay any interest, why should firm's hold any cash at all?
5. Given that accounts receivable represents a delay in the receipt of cash that could be put to good use, why do firms allow credit purchases at all?
6. What are the three categories of inventory costs?
7. What is "trade credit?"

Reference no: EM13271879

Questions Cloud

What is the exact cost of trade credit as an annual rate : If your firm buys $100 worth of supplies on credit with terms 3/10 n30 and pays the bill on the 30thday after the purchase.

Define ionization energy is the energy needed to eject : Ionization energy is the energy needed to eject an electron from an atom or ion. calcluate the ionization energy, IE, of the one- electron ion B^4+

How long is the firms cash conversion cycle : Given these conditions, how long is the firm's cash conversion cycle?

Estimate the separation of the two slits : Light of wavelength 730nm falls on two slits and produces an interference pattern in which the fourth-order fringe is 53mm from the central fringe on a screen 3.0m away

What is trade credit : Given that accounts receivable represents a delay in the receipt of cash that could be put to good use, why do firms allow credit purchases at all?

Explain a ground state hydrogen atom absorbs a photon : A ground state hydrogen atom absorbs a photon of light having a wavelength of 92.085 nm it then gives off a photon having a wavelength of 902 nm. what is the final state of the hydrogen atom

Prepare the journal entry that wood-mode should make : Prepare the journal entry that Wood-Mode should make, assuming it signed a valid sales contract to sell the counters and received at the time of sale the $413,000 payment.

Define hydrogen atoms are excited by a laser : Hydrogen atoms are excited by a laser to the n=4 state and then allowed to emit. What is the maximum number of distinct emission spectral lines that can be observed from this system? Calculate the wavelength of the 4 to 1 transition in m.

Compute the wavelength of the light used : Monochromatic light falling on two slits 1.5×10?2mm apart produces the fifth-order fringe at an 8.9?angle.

User Account

All Pages