中级财务会计Ⅰ.ppt

2 Cash and Receivables Accounts receivable Result from the credit sales of goods or Are classified as services to customers current assets To give quantity discounts to Are recorded net of large custom trade discounts Cash Discounts increase sales Cash discounts encourage early payment increase likelihood of collection Cash Discounts 2/10.n/30 Discount Number of l Otherwise, Credit percent days net (or all) period discount is is due available Opportunity cost for Cash discount If interest rate of loan is 18%, a certain company provides credit policy is 2/10, n/30, this credit policy is useful, or not? Why Work in group(10 minutes for discussion)