欢迎来到天天文库
浏览记录
ID:243484
大小:222.50 KB
页数:18页
时间:2017-07-13
《MANAGEMENT OF ACCOUNTS RECEIVABLE IN A COMPANY外文翻译原文》由会员上传分享,免费在线阅读,更多相关内容在学术论文-天天文库。
1、MANAGEMENTOFACCOUNTSRECEIVABLEINACOMPANYAbstractAccountsreceivablemanagementdirectlyimpactstheprofitabilityofacompany.Firstly,thepurposeoftheempiricalpartofthestudyistoanalyzeaccountsreceivableandtodemonstrateacorrelationbetweentheaccountsreceivablelevelandprofitabili
2、tyexpressedintermsofRetunonAssets(ROA)ofcompanies.Secondly,theaimoftheoreticalresearchistoexplorecostandbenefitsofchangesincreditpolicy,determinetheindependentvariableswhichhaveanimpactonnetsavingsandestablisharelationshipamongtheminordertodevelopanewmathematicalmodel
3、forcalculatingnetsavingsfollowingarevisionofcreditpolicy.Onthebasisofresearchresult,amathematicalmodelforcalculatingnetsavingsandfollowingarevisionofcreditpolicy,hasbeendevelopedandwiththismodelacompanycanconsiderdifferentcreditpoliciesaswellaschangesincreditpolicyino
4、rdertoimproveitsincomeandprofitabilityandestablishacreditpolicythatresultsinthegreatestnetprofitability.Keywords:accountsreceivable,profitability,netsavings,creditpolicy21 sampleEKON.MISAOPRAKSADBK.GODXXII.(2013.)BR.1.(21-38)Kontuš,E.:MANAGEMENTOFACCOUNTS...1.INTRODUC
5、TIONAccountsreceivableisthemoneyowedtoacompanyasaresultofhavingsolditsproductstocustomersoncredit.Theprimarydeterminantsofthecompany'sinvestmentinaccountsreceivablearetheindustry,theleveloftotalsalesalongwiththecompany'screditandthecollectionpolicies.Accountsreceivabl
6、emanagementincludesestablishingacreditandcollectionspolicy.Creditpolicyconsistsoffourvariables:creditperiod,discountsgivenforearlypayment,creditstandardsandcollectionpolicy.Thethreeprimaryissuesinaccountsreceivablemanagementaretowhomcreditshouldbeextended,thetermsofth
7、ecreditandtheprocedurethatshouldbeusedtocollectthemoney.Themajordecisionregardingaccountsreceivableisthedeterminationoftheamountandtermsofcredittoextendtocustomers.Thetotalamountofaccountsreceivableoutstandingatanygiventimeisdeterminedbytwofactors:thevolumeofcreditsal
8、esandtheaveragelengthoftimebetweensalesandcollections.Thecredittermsofferedhaveadirectbearingontheassociatedcostsandrevenuet
此文档下载收益归作者所有