Natalie comes to you for advice and asks the following questions.

1.  "Curtis has provided me with a set of his most recent financial statements. What calculations should I do with the data from these statements, and how will the results help me decide if I should extend credit to Curtis?"

2.  "Is there an alternative other than extending credit to Curtis for 30 days?"

3.  "I am thinking seriously about permitting my customers to use credit cards. What are some of the advantages and disadvantages of letting my customers pay by credit card?"