I NEED AN annual report of a major corporation that is traded on a national stoc
ID: 371958 • Letter: I
Question
I NEED AN annual report of a major corporation that is traded on a national stock exchange. I NEED IT ON ANY COMPANY, Items to discuss can include the financial state of the company, new product lines, major issues dealt with at the annual meetings of shareholders and directors, future prospects, and if the company is meeting its stated objectives. Additionally, find two additional resources or articles about that company. ALSO I NEED IT TO BE 750 WORDS PLEASE AND ANSWER ME AS FAST AS YOU COULD PLEASE.
Explanation / Answer
Trade credits are not free. Though the supplier will not ask for interest for the credit period extended he normally has increased price for credit sales. Also prompt payments are made according to the credit policy the supplier normally gives discount. This discount has to be foregone in case prompt payments are not made.
Major items offered on a D & B Business Information Report-
1) Risk assessment of new and existing international relationships
2) Verification of business existence, size and scope
3) Background review of owners and key employees
4) D&B Credit Rating
5) Review of company payment trends and financial information
The most important once among all are number 3 and 5 above.
Credit scoring models
Credit scring madels help evaluation of credit applications. They are the quick way to evaluate the large numer of applications hence they are used by coompanies that sell to a large number of customers.It helps to reduce the risk by extending credit to only those who have good credit. It reduces the risk of bad debts to the company.
Part B answer-
1) to be competitive in the market- By providing trade credits the businesses can become more competitive as compared to rivals.
2) To meet industry standards- some industries have standard trade credit being offered. To meet these standards business give trade credits.
3) To increase sales- Business offer trade credits to attract more customers and thereby increase sales.
4) Business Growth-Sometimes to attract new business with a big customers businesses offer trade discount.
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