This document discusses various aspects of managing receivables and a company's credit policy. It provides examples to calculate days sales outstanding (DSO), expected collections and accounts receivable levels based on a company's sales and payment patterns. It also discusses factors that influence a company's receivables level and cost of carrying receivables. Additional examples demonstrate how to analyze changes to a company's credit terms and payment policies.
This document discusses the importance of business ethics. It notes that ethical behavior and corporate social responsibility can boost sales, reduce employee turnover, attract more talented employees, and attract investors, protecting a company's share price. Unethical behavior may damage a company's reputation and lower profits. The document outlines foundations of ethical behavior like treating others well and outlines some common ethical issues businesses face like honesty, fair compensation, and respecting others. It discusses how ethics can contribute to employee commitment, investor loyalty, customer satisfaction, and relationships with stakeholders. The conclusion emphasizes that an integrity approach to business can strengthen competitiveness and improve work life and relationships.
This document discusses various aspects of managing receivables and a company's credit policy. It provides examples to calculate days sales outstanding (DSO), expected collections and accounts receivable levels based on a company's sales and payment patterns. It also discusses factors that influence a company's receivables level and cost of carrying receivables. Additional examples demonstrate how to analyze changes to a company's credit terms and payment policies.
This document discusses the importance of business ethics. It notes that ethical behavior and corporate social responsibility can boost sales, reduce employee turnover, attract more talented employees, and attract investors, protecting a company's share price. Unethical behavior may damage a company's reputation and lower profits. The document outlines foundations of ethical behavior like treating others well and outlines some common ethical issues businesses face like honesty, fair compensation, and respecting others. It discusses how ethics can contribute to employee commitment, investor loyalty, customer satisfaction, and relationships with stakeholders. The conclusion emphasizes that an integrity approach to business can strengthen competitiveness and improve work life and relationships.