Why do companies provide trade credit?
Question:
Why do companies provide trade credit?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
Companies provide trade credit for several reasons as it serves as a strategic tool in managing their relationships with customers and suppliers as we...View the full answer
Answered By
Deepak Pal
Hi there! Are you looking for a committed, reliable, and enthusiastic tutor? Well, teaching and learning are more of a second nature to me, having been raised by parents who are both teachers. I have done plenty of studying and lots of learning on many exciting and challenging topics. All these experiences have influenced my decision to take on the teaching role in various capacities. As a tutor, I am looking forward to getting to understand your needs and helping you achieve your academic goals. I'm highly flexible and contactable. I am available to work on short notice since I only prefer to work with very small and select groups of students. Areas of interest: Business, accounting, Project management, sociology, technology, computers, English, linguistics, media, philosophy, political science, statistics, data science, Excel, psychology, art, history, health education, gender studies, cultural studies, ethics, religion. I am also decent with math(s) & Programming. If you have a project you think I can take on, please feel welcome to invite me, and I'm going to check it out!
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Case Study 2 (questions at the end of the document) By Colleen Haight Summer 2011, Stanford Social Innovation Review, Informing and Inspiring leaders of social change Jesus Lopez Hernandez picks ripe...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
You have completed your first meeting with Harper and Riley Evans. You are confident that you now have most of the information you will need to prepare a comprehensive financial plan for them. Beyond...
-
what is the name of Dc output symbol on eagle in this circuit? XL2 EE20 core Flyback Transformer 4 SCHOTTKY [ 3 D4 SB160 IC2 EL817 OPTOCOUPLER thS 1 2 C2 470uF 25V R3 Tko ZD1 12V/1W DC Output 12V,...
-
NASA plans to use a new type of rocket, a Variable Specific Impulse Magneto plasma Rocket (VASIMR), on future missions. If a VASIMR can produce 6.0 N of thrust (force), and has a mass of 620 kg, (a)...
-
Inquiry of Clients Attorney. To discover litigation, claims, and assessments that affect the client, the auditor relies on both her own field procedures and a letter from the client's legal counsel....
-
4. Assume corporate tax rates of 15 percent on the first $50,000 of taxable income, 25 percent on taxable income between $50,000 and $75,000, 34 percent on taxable income between $75,000 and...
-
Theresa Thayer, a friend from college, asks you to form a partnership to import fragrances. Since graduating, Thayer has worked for the Spanish Embassy, developing important contacts among government...
-
Sally Johnson, an analyst covering telecom stocks, is attempting to estimate the intrinsic value of Windstream (WIN) using the dividend discount model. She collects the following relevant data: The...
-
What is accounts payable days outstanding?
-
Why is it inappropriate to compare leasing to buying?
-
Find the first and second derivatives of the following function and use them to sketch a graph. f(x) = 1/x2 for 0 < x 2.
-
Working in the production area of a manufacturing company is right where William feels at home. Several of his family members had worked in similar environments throughout their careers, and he loves...
-
Use the Nernst equation and reduction potential data from (Petrucci's Appendix D; OpenStax's Table 16.1) to calculate Ecell for the following cell: Al (s) | Al3+ (0.18 M) || Fe+ (0.85 M) | Fe (s)
-
1.) Describe economic interventions that the federal government used to deal with the COVID shutdown and subsequent inflation. Would you have done anything differently? 2.) Describe three of the...
-
The goal is to understand the principles of project valuation and capital budgeting in a practical setting, using a combination of fictitious data and real-world examples. Begin by proposing a...
-
45. The use of realistic predetermined unit costs to facilitate product costing, cost control, cost flow, and inventory valuation is a description of the A. flexible budget concept. B. budgetary...
-
Using the information provided in E14- 13, complete the following requirements, assuming that Mobile Technology reports under IFRS. Required a. Determine the present value of bond cash flows. b....
-
What is EBIT/eps analysis? What information does it provide managers?
-
Consider the case of SPB Ltd., a solar panel and battery manufacturing company. You are the CEO of SPB. In producing solar panels and batteries, certain toxic chemical waste is generated and proper...
-
What is a limited liability partnership (LLP)? How does it differ from a limited partnership?
-
The following quotes were observed for Buffin Corp. (ticker: BUFN) on the two dates indicated. a. Suppose you decide to use a market order to buy 1000 shares of BUFN on September 16 and then sell the...
-
Only need help on 4B and 5. Exercise 9-21 Breakeven Planning; Profit Planning (LO 9-2, 9-3] Connelly Inc., a manufacturer of quality electric ice cream makers, has experienced a steady growth in...
-
A project with an initial cost of $32,000 is expected to provide cash flows of $12,900, $13,100, $16,200, and $10,700 over the next four years, respectively. If the required return is 8.1 percent,...
-
A company that is expecting to receive EUR 500,000 in 60 days is considering entering into an FX futures contract to lock an exchange rate to USD for the transaction. The FX rate on the contract is...
Study smarter with the SolutionInn App