Multiple Choice
Which of the following is a method of pursuing payment from a customer whom the entrepreneur believes able to pay?
A) Refusing any further supplies, or supplying only for cash
B) Threatening legal action
C) Actually undertaking legal proceedings, using a specialized collection agency
D) All of the above
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q18: What economic factor concerning the entrepreneur's product
Q19: Only a handful of very large firms
Q20: Banks prefer 90-day maturities on short term
Q21: The business operating cycle for a traditional
Q22: The magnitude of a company's accounts receivable
Q24: The relative proportions of cash sales and
Q25: Which of the following is NOT a
Q26: By paying bills more slowly, an entrepreneur
Q27: Typically, a company can borrow what percent
Q28: The basis of all receivables and collections