Listing the five c of credit


Response to the following questions:

1. List the Five C's of Credit. Suppose you own a small landscaping business and are considering granting credit to your customers. How would you apply the Five C's to your landscape customers?

2. Where inventory occupies a prominent position in business operations, it will usually play a key role in deciding the success of the venture. Comment.

If possible, please give examples to better understand your answers.

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Accounting Basics: Listing the five c of credit
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