CORPORATE FINANCE
CORPORATE FINANCE
12th Edition
ISBN: 9781307702804
Author: Ross
Publisher: MCG/CREATE
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Chapter 28, Problem 3CQ
Summary Introduction

To explain: Costs that are associated with carrying receivables, costs associated with not granting credit and the name given to the sum of the costs for various levels of receivable.

Receivable Costs:

Receivable costs are the costs associated with the receivables. It includes the carrying cost and holding cost associated with the receivable.

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