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|the final date, it is common to offer|
| |Lawrence may want to change their term of sale for future purchases. “ A |a cash discount for prompt |
| |seller may allow more extended payment if its customers are in a low-risk, if|settlement. You have decided on the |
| |their account is large, if they need time to check their quality of the |contract that customers must sign; |
| |goods, or if the goods are not quickly resold” (Brealey, & et al, p.819). |and you have established a procedure |
| | |for estimating the probability that |
| | |they will pay up” (Brealey, & et al, |
| | |p...
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