TYBAF SEM V Credit Management Illustration 5 ( Financial management ) скачать в хорошем качестве

TYBAF SEM V Credit Management Illustration 5 ( Financial management )

Introduction to Credit Management    • TYBAF SEM V Credit Management   Illustration 5 Company X furnished the following particulars: Credit sales - 50,00,000 Variable cost to sales ratio -50%. Fixed Cost-11,00,000 Present credit policy is 2 months. Cash discount scheme of "2/10, net 60" is to be introduced. It is estimated that 50% of the debtors will enjoy the discount scheme. As a result, the average age of debtors would be reduced to 1 month. Required rate of return on investment in debtors may be taken at 20% before tax. #credit #policy #collection #discount #exam Evaluate the proposal. Illustration from manan prakashan publication TYBAF SEM V FINANCIAL MANAGEMENT