Problem:
Managing Accounts Receivable (Trade Credit) is critical to the company's ability to manage its daily ongoing operations and the associated cash flow requirements.
Required:
Question: Describe why the practice of Managing Accounts Receivable is so significant. Consider in your paper the following criteria:
1. Impact on shareholder value
2. Credit policy decisions
3. Credit rating sources for potential clients
4. Credit scoring models
5. Credit Terms
Note: Provide support for your rationale.