1.a) USTF Dental Supplies has annual sales of $4,200,000. Ninety percent are on credit. The...
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1.a) USTF Dental Supplies has annual sales of $4,200,000. Ninety percent are on credit. The firm has $359,000 in accounts receivable. Compute the value of the average collection period. [1.5 Marks] b) What are the 5 Cs of credit that are usually used by bankers to determine the eligibility of a potential loan will be repaid?[1.5 Marks] c) Why would a financial manager want to slow down disbursements? [1.5 Marks] d) Your bank will lend you $4,000 for 45 days at a cost of $50 interest. What is your effective rate of interest. [1.5 Marks] 1. What arect of learing at ictess wre iesatege
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