23. Credit policy (S31.3) True or false? a. It makes sense to monitor the credit managers performance

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23. Credit policy (S31.3) True or false?

a. It makes sense to monitor the credit manager’s performance by looking at the proportion of bad debts.

b. If a customer refuses to pay despite repeated reminders, the company usually turns the debt over to a factor or an attorney.

914 Part Ten Financial Planning and Working Capital Management

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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Question Posted: Jul 31, 2024 10:00 AM

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23. Credit policy (S31.3) True or false? a. It makes sense to monitor the credit managers performance

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Principles Of Corporate Finance

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