What are the signs you would look out for in the financial statements for the possibility of bad debts?
Contrast appropriated and non-appropriated funds.
August 5, 2017How would the use of such tools as LinkedIn, Twitter, Facebook and others impact your decision in finding the right candidate and why would you select such tool(s)?
August 5, 2017What are the signs you would look out for in the financial statements for the possibility of bad debts?
Question #1
You own an automobile parts company and have been approached by a leading car manufacturer to supply parts to the company. How would you determine that the car manufacturer has a good record of servicing sales and paying its suppliers? What are the signs you would look out for in the financial statements for the possibility of bad debts? What are the advantages and disadvantages of allowing customers to make purchases on credit? Give reasons for your answers.
