1.What are the primary requirements for a successful JIT inventory control system?
2.Can a company have a default rate on its accounts receivable that is too low? Explain.
3.How does accounts receivable factoring work? What are the benefits to the two parties involved? What are the risks?
4.Companies with rapidly growing levels of sales do not need to worry about raising funds from outside the firm. Do you agree or disagree with this statement? Explain.
5.Banks like to make short-term, self-liquidating loans to businesses. Why?