公司理财chap028.pptVIP

Credit Management Key Concepts and Skills Understand typical credit terms Understand the process used for deciding whether or not to grant credit Understand how to evaluate outstanding receivables Chapter Outline 28.1 Terms of the Sale 28.2 The Decision to Grant Credit: Risk and Information 28.3 Optimal Credit Policy 28.4 Credit Analysis 28.5 Collection Policy 28.6 How to Finance Trade Credit 28.1 Terms of the Sale The terms of sale are composed of Credit Period Cash Discounts Credit Instruments The Cash Flows of Granting Credit Credit Period Credit periods vary across industries. Gene