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Working capital can be defined as:
Which ratio is expressed as a percentage between the net income an enterprise earned in a specific period and the capital that the enterprise had to spend to earn this net income?
Which payment methods are generally used in export credit are correct?
i)
ii) Letters of credit
iii) Factoring
iv) Cash before delivery
Which of these is an example of why a creditworthy individual cannot buy on credit?
Which of the following relates to the task of the credit manager when a policy is formulated?
Which of the following is the correct definition of a promissory note?
Which of the following methods is the most cost-effective when demanding payment from a debtor?
Which of the following is an incorrect disadvantage of positioning the credit department with financial function?
Which of the following factors can have a negative effect on credit decisions?
i) Insufficient information
ii) Information is interpreted incorrectly
iii) False information
iv) Out-of-date information
Which of the following are disadvantages of granting credit for enterprise?
i) The enterprise has to wait for its money.
ii) Late payments
iii) Bad debts
iv) Negative image