THE EFFECTS OF CREDIT MANAGEMENT ON LIQUIDITY POSITION OF A MANUFACTURING COMPANY
CHAPTER ONE INTRODUCTION 1.1 Background to the Study There is no doubt that credit management is central to the liquidity of firms; especially manufacturing firms that maintain a high volume of working capital. Credit management can simply be regarded as written guidelines that set the terms and conditions for supplying goods on credit, customer qualification criteria, the procedure for making collections and steps to taken in case of customer delinquency ...
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