Prompt: Managing accounts receivable (trade credit) is critical to the company's ability to manage its daily ongoing operations and the associated cash flow requirements. Describe why the practice of managing accounts receivable (A/R) is so significant. Consider in your paper the following questions:
- Why is the practice of managing A/R significant?
- What is the influence of the management of A/R on shareholder value, credit policy decisions, and credit rating sources for potential clients, credit scoring models, and credit terms with analysis? The paper must cover 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
Requirements of submission: Short paper assignments must follow these formatting guidelines: double spacing, 12-point Times New Roman font, one-inch margins, and discipline-appropriate citations (APA format). Page length requirements: three to five pages. Incorporate at least two scholarly resources