Advantages for giving Cash Discount
What are various advantages for giving Cash Discount?
Expert
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.
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The following information for the month of December 20x6, with respect to cash activities, was gathered by Tressa Ltd.’s bookkeeper. Cash balance per books, December 1 $ 3,700 Discover Q & A Leading Solution Library Avail More Than 1423334 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1947540 Asked 3,689 Active Tutors 1423334 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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