Credits And Collections the Factors Involved And the Methods Pursued in Credit
Credits And Collections the Factors Involved And the Methods Pursued in Credit
T J Zimmerman
The book Credits And Collections the Factors Involved And the Methods Pursued in Credit was written by author T J Zimmerman Here you can read free online of Credits And Collections the Factors Involved And the Methods Pursued in Credit book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Credits And Collections the Factors Involved And the Methods Pursued in Credit a good or bad book?
What reading level is Credits And Collections the Factors Involved And the Methods Pursued in Credit book?
To quickly assess the difficulty of the text, read a short excerpt:
The real determination of insurance terms depends on these elements of live hazard entering into the policy. From all these facts, the normal loss, the amount of the bond and the premium rate are determined. For clearness let us cite an imaginary case: The gross sales of a house amount to $400, 000; the normal loss is placed at one-half of 1 per cent, $2, 000; the bond taken out is $10, 000, on which the premium is 4 per cent, $400. In this case, if the aggregate loss of the house from bad debt...s is under $2, 000, the firm recovers nothing; any excess loss over $2, 000 up to $10- 000 is recoverable in full, within certain restrictions. These restrictions are regulated by the credit stand- ing and capital of customers to which a firm extends credit. "Rated" customers that is, those having a capital rating followed by a first or second credit rating are covered for 100 per cent up to an agreed percentage of their capital; "off-rated, " those having a lower rating than the former, or none at all, are covered for only a part of loss sustained through them, up to the same capital percentage.
You can download books for free in various formats, such as epub, pdf, azw, mobi, txt and others on book networks site. Additionally, the entire text is available for online reading through our e-reader. Our site is not responsible for the performance of third-party products (sites).
User Reviews: