--%>
Assignment Help - homework help

Advantages for giving Cash Discount

What are various advantages for giving Cash Discount?

E

Expert

Verified

Advantages for giving Cash Discount:

A) It enhances cash flow or liquidity.

B) It too raises ability to pay since buyer sees discount as income therefore, he will surely to pay and its result will on his capability to pay.

C) Sometime cash discount is obliging for good bargaining with the seller.

   Related Questions in Financial Accounting

  • Q : Monetary approach to determine exchange

    Derive and explain monetary approach in order to determine the exchange rate.

    		•
  • Q : What is Bank errors What is Bank errors

    What is Bank errors. Briefly define it with respect to Accountancy?

    		•
  • Q : Accountant & Financial In Business

    Questions 1. Identify the services or programs to be included in the cost and profitability analysis. 2. Examine the costs listed in Table 2. a. Identify the direct costs associated with each service or program. b. Which costs would be organization

    		•
  • Q : Accountancy Accountancy is the process

    Accountancy is the process of communicating financial information about a business entity to users such as shareholder and manager. The communication is generally in the form of financial statements that show in money terms the economic resources under the control of management; the art lies in s

    		•
  • Q : Hedgers and Speculators Explain hedgers

    Explain hedgers and speculators are two types of economic agents required for a derivatives market to function.

    		•
  • Q : Case study of a wind turbine for rural

    The goal of this long problem is to validate the turbine performance estimates in specific (XYZ) wind regimes, and estimate its cost.  Below is a list of tasks you will need to accomplish, but you are not limited to these if you want to do more:  

    		•
  • Q : Case study of a local public utility

    The local public utilities commission has been charged with inspecting and reporting utility problems in the area. They have three electrical inspectors and two gas inspectors, each available for 40 hours , to analyze structures in their respective areas of expertise.

    		•
  • Q : Acc company A began operation on

    company A began operation on january 1,2012. The annual reporting period ends December 31.The trial balance on January 1,2013 was as follows

    		•
  • Q : Define sales budget Give a short

    Give a short introduction of the term “sales budget”? While preparing the sales budget what are the factors which can be taken?

    		•
  • Q : Procedure of bringing new international

    Describe the procedure of bringing the new international bond issue to the market.

    		•