--%>
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 : Future spot exchange rate Describe

    Describe about the conditions under which forward exchange rate may be an unbiased predictor of the future spot exchange rate.

    		•
  • Q : Why teaching of accounting is not simple

    Why teaching of accounting is not simple. Illustrate this statement.

    		•
  • Q : Challenges of long distance relationship

    My friend is in a new long distance relationship. My friend wants to ask to identify the challenges or difficulties of long-distance romantic relationships and explain communication strategies for coping with these challenges. The res

    		•
  • Q : Types of groups Identify and describe 4

    Identify and describe 4 types of groups; provide examples.

    		•
  • Q : Standard costing is a separate system

    Wheather it is correct or not that standard costing is a separate system in accounting?

    		•
  • Q : Please help me he following information

    he following information is taken from the financial statements of an entity: 20x4 20x3 Property, plant and equipment $4,600,000 $4,200,000 Accumulated depreciation (1,800,000) (1,350,000) Depreciation expense 560,000 Gain on disposal of PPE 65,000 The asset disposed of had a cost

    		•
  • Q : Explain Control of Cash Explain Control

    Explain Control of Cash. Illustrate briefly.

    		•
  • Q : Asset-allocation funds Mutual funds

    Mutual funds that hold both bonds and stocks. Some asset-allocation funds follow specified allocation percentages and others take advantage of current condition. Those that take advantage of current condition is higher risk, because the fund manager tries to adjust the allocations to take advanta

    		•
  • Q : Define Financial Calculator Financial

    Financial Calculator: A financial calculator is an electronic calculator which executes financial functions commonly required in business and commerce communities.

    		•
  • Q : Development phases of Friendship There

    There are six developmental phases of how friendships develop. Identify each phase in sequence and discuss the characteristics of each phase by using real or hypothetical example to illustrate this developmental path.

    		•