Business

Purpose of Receivable Management

Purpose of Receivable Management

Receivables also termed as trade credit or debtors are components of current assets. When a firm sells its product in credit, account receivables are created. It is shown on its balance sheet as an asset. It is one of a series of accounts dealing with the billing of a customer for goods and servi.....

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Introduction to Receivable Management

Introduction to Receivable Management

Introduction to Receivable Management Receivables also termed as trade credit or debtors are components of current assets. When a firm sells its product in credit, account receivables are created. It represents money owed to a business by its clients (customers). It is shown on its balance sheet .....

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Responsibilities of the Credit Manager

Responsibilities of the Credit Manager

Responsibilities of the Credit Manager The person who gives the final approval for loan or credit is known as the credit manager. Investment in account receivable of any firm depends on how much it sells in credit and how long it takes for the collection of receivables. The credit managers give t.....

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How to write an Appreciation Letter to a Professor?

How to write an Appreciation Letter to a Professor?

An appreciation letter to a professor is addressed to praise his or her dedication, support, teaching, and positive actions throughout the career. Write this type of letter for any situation in which you are communicating appreciation to your professor. It is sent to acknowledge the hard work and.....

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Costs of Maintaining Receivables and their Calculation

Costs of Maintaining Receivables and their Calculation

Receivables represent the amounts owed to the company as a result of sales of goods and services in the normal course of business. The size of investment in receivables is influenced by a number of factors. Among them two factors, the volume of credit sales, and the average length of time between.....

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Appreciation Letter to Customer

Appreciation Letter to Customer

Appreciation Letter to Customer It’s not your customer’s job to give you direct feedback after each interaction with your brand. A letter of appreciation written to a customer is a letter showing a store or company’s appreciation for the customer’s continued usage of the company.....

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What are the Determinants of Investment in Receivables?

What are the Determinants of Investment in Receivables?

Determinants of Investment in Receivables – Receivables represent the amounts owed to the company as a result of sales of goods and services in the normal course of business.  The size of investment in receivables is influenced by a number of factors. Among them two factors, the volume of .....

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Interview Acceptance Letter

Interview Acceptance Letter

Interview Acceptance Letter When you want to interview for a job but you live far away from the job site, it is common practice to write an interview acceptance letter to the individual who will be interviewing you. An interview acceptance letter is a letter written by a prospective interviewee .....

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Concept of Time Value of Money

Concept of Time Value of Money

The concept of Time Value of Money The concept of tome value of money suggests that the money received at a different point of time has a different value. It is the concept that money available at the present time is worth more than the identical sum in the future due to its potential earning ca.....

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Significance of Time Value of Money

Significance of Time Value of Money

The significance of Time Value of Money – The time value of money is the idea that money available at the present time is worth more than the same amount in the future due to its potential earning capacity. Time value of money is a widely used concept in the literature of finance. Financial.....

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College Acceptance Letter

College Acceptance Letter

College Acceptance Letter Students are anxious to receive acceptance letters from the colleges to which they applied. A college acceptance letter is a letter written by an institution of higher secondary education to a student who has applied for admission in their institution and has subseque.....

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Concept of Dividend Policy

Concept of Dividend Policy

Concept of Dividend Policy Dividend policy is the policy which concerns quantum of profits to be distributed by way of dividend. Dividend refers to the portion of net income paid out to shareholders. It is paid in cash and/or stock for making an investment and bearing risk. Dividend decision of t.....

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