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[DOC File]Answers to Final Exams - exinfm
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Spontaneous financing or trade credit is simply a way of obtaining more cash by: Establishing a Line of Credit. Lengthening the Disbursement Cycle. Borrowing against your assets. Selling your receivables. Answer = b: If you do things to simply lengthen your cash outflows, then you are creating instant or spontaneous sources of credit or cash.

[DOC File]ANSWERS TO QUESTIONS
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9. The percentage-of-sales method. Under this method Bad Debt Expense is debited and Allowance for Doubtful Accounts is credited with a percentage of the current year’s credit or total sales. The rate is determined by reference to the relationship between prior years’ credit or total sales and actual bad debts arising therefrom.

[DOC File]Marketing Strategy: Key Concepts 4
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Competitors may copy the product and rush it out. IE Clorox detergent with bleach P&G. "In a live test you've tipped your hand, and believe me, the competition is going to come after you. Unless you have patented chemistry, they can rip you off and beat you to a national launch" -Director of Marketing at Gillette's Personnel division.

Auto dealer near me for bad credit