Sales on Credit - Research Paper Example

Only on StudentShare

Extract of sample
Sales on Credit

More than that, the firms allow sales of large volume of goods on credit to ensure a larger increase in its applicability to customers. As a result, companies focus on more credit sales to improve sales, ensure attainment of success with the intense competition among business firms while offering the customers with flexible terms of payment that suit them. Considerably sales on credit involve increased allocation for general-purpose credit cards, accounts receivable, notes payable and bad debts entries in the books of accounts. General Preview of Sales on Credit Even though, the option of selling goods to customers for cash remains viable companies have to allow room for sales on credit. More significantly, credit trade acts as an important factor in both, the sales and procurement operations and the corporate asset-liability management as it ensures success in meeting the targeted market of customers. With more risks associated with sales of goods on credit, a company incurs more cost account receivable as the anticipated payment accrue while the likelihood of bad debt occurrence depends on the credit ability of the customers (Warren, Reeve & Duchac 361). In most cases, companies carry out credit analysis of the respective clients who wish to be issued goods and services on credit as a way of being assured that the amount of money owed would be paid. ...Show more

Summary

Class Name Date Sales on Credit Thesis: Sales to be made on credit is governed by terms and conditions that lead to increased allocation for general-purpose credit cards, accounts receivable, notes payable and bad debts entries in the books of accounts I…
Author : cicerobogisich
Sales on Credit essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
"Sales on Credit"
with a personal 20% discount.
Grab the best paper

Related Essays

Credit cards from the legal perspective (special reference to UAE)
Nowadays, creditcards have become a common medium of payment. Creditcards are easy to carry, and it is safer than carrying cash. The usage of creditcards in UAE has exceeded the other neighboring nation’s usage particularly in the Middle East, South Asia and African region.
15 pages (3750 words) Research Paper
Credit and Lending Decisions
Sullivan CEO 3,169,277 133,333 200,000 Thomas C. Ford NED 26,477 133,333 200,000 Henry T.S. Price NED 24,772 67,554 100,000 as at 30 June 2010 Company Secretary: Gregg W. Fitzgerald Major Shareholders: Name of Investor Percentage Shareholdings MG Investments 19.1% Alliance Life Common Fund 18.1% Baker Steel 10.4% Merrill Lynch 10.1% Accorn Capital 6.5% as at February 2011 Financing Proposed: The purpose of this submission is to explore the possibility of offering a $30mn loan to Resolute Mining Ltd for the purpose of exploring the potential of gold mines near the redeveloped mine (Syama) in Western Africa.
14 pages (3500 words) Research Paper
Credit Card Fraud in the U.S
When the card is physically stolen, the theft can be discovered quickly but when personal information is stolen, it can take longer. Charges incurred through credit card fraud can be exorbitant but the Federal Law limits the card holder’s liability to $50.
7 pages (1750 words) Research Paper
Did Credit Rating Agencies do good work
To start with, the role of the credit rating agencies in the 2007-08 global financial crises has been discussed in details. This part explained how the rating system of these agencies was influenced by hefty incentives and how that triggered the 2007-08 financial crises.
14 pages (3500 words) Research Paper
Deltic Timber Corporation Credit Analysis
For the past five years, Deltic Timber Corporation (DEC) has not been able to maintain a static growth trend. This is because even though the company continues to record profits for most of the years, this has been characterised by inconsistent growth margins, where there are falls in profit margins in-between the years.
10 pages (2500 words) Research Paper
Credit card and Biometrics
At the same time misuse of technology resulted in credit card forgery like cyber crimes which created doubts in the minds of the public about the reliability of using credit cards. Biometrics provides the answers to all types of credit card forgery. The individual characteristics, which are unique from person to person has been made use in biometric technology.
7 pages (1750 words) Research Paper
Relationship Banking: Meeting Sales Goals in Today's Economy
Relationship banking is defined by Perrien, Filiatrault, & Ricard (1992) as the practice of building on existing business relationship so as to enhance
8 pages (2000 words) Research Paper
Sales
Indeed, sales and purchase of items are part and parcel of daily life and efficient processing of the same is vital for good customer relationship and business growth. ‘Sales order captures demands for the firms’ product and services’ (Scott, 2004). The personal
1 pages (250 words) Research Paper
Credit and Lending Decisions
The company is engaged in gold mining and prospecting and exploration for minerals. It operates three gold mines in Australia, East Africa and West Africa. Resolute Mining is currently un-hedged and therefore the gold produced by the company has full exposure
14 pages (3500 words) Research Paper
Credit Risk Assessment of Bank Customers using DEMATEL and Fuzzy Expert System
This paper consists of credit risk management that is carried out with the implementation of computed technology to increase credibility of customer’s therefore increasing
7 pages (1750 words) Research Paper
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT