Which of the following is not an advantages of trade credit?

Related MCQs

• K Ltd has decided to produce and sell 5,000 units during the year 2020-21. S.P. is Rs 200 per unit. 70% of sales will be on credit and credit period wil be 6 weeks. One year consists of 50 weeks. The debtors will be :
• Total revenue from operations ₹27,00,000; Credit revenue from operations ₹18,00,000; Opening Debtors ₹3,20,000; Closing Debtors ₹4,00,000; Provision for Doubtful Debts ₹60,000. Trade Receivables Turnover Ratio will be :
• Under which type of bank borrowing can a borrower obtain credit from a bank against its bills?
• S Ltd has a plan to produce 52,000 units for the year 2020-21 selling price is Rs 1,000 per unit. Credit allowed to customers is 8 weeks. One year consists of 52 weeks. The debtors value is
• Asset sold on credit is---- of funds
• Goods purchased on credit-----------inflow of funds
• What would be the most likely impact on trade receivables days if invoice discounting was offered to and accepted by a large customer of a business?
• Which of the following statements are true? (a) Marginal costing is not an independent system of costing. (b) In marginal costing all elements of cost are divided into fixed and variable components. (c) In marginal costing fixed costs are treated as product cost. (d) Marginal costing is not a technique of cost analysis.
• Which of the following is not included in current assets.
• Which of the following is NOT a key ratio in the prediction of bankruptcy as developed by Edward Altman?