Is College Worth The Cost Essay Samples and Topic Ideas

costs, and transactions levels. Currently, the firm applies conservative credit standards for bad and moderate accounts while good accounts receive liberal standards. The importance of this is to ensure that quality of the firm’s customers is not compromised and good clients are not pushed away by a stringent policy (Yang & Birge, 2013). The credit terms available ensure the firm’s clients receive competitive packages in comparison to those prevailing in the market for the benefit of both parties (debtor and creditor). The credit policy in place also ensures that the firm is not faced with liquidity problems and thus is able to meet its short-term obligations when they fall due given that...