The terms of sale refer to the peri

The terms of sale refer to the period for which credit is granted, the cash discount, and the
type of credit instrument. For example, suppose a customer is granted credit with terms of
2/10, net 30. This means that the customer has 30 days from the invoice date within which to pay.
1
In addition, a cash discount of 2 percent from the stated sales price is to be given if
payment is made in 10 days. If the stated terms are net 60, the customer has 60 days from
the invoice date to pay and no discount is offered for early payment.
When sales are seasonal, a firm might use seasonal dating. O. M. Scott and Sons is a
manufacturer of lawn and garden products with a seasonal dating policy that is tied to the
growing season. Payments for winter shipments of fertilizer might be due in the spring or
summer. A firm offering 3/10, net 60, May 1 dating, is making the effective invoice date
May 1. The stated amount must be paid on June 30, regardless of when the sale is made.
The cash discount of 3 percent can be taken until May 10.
Credit Period
Credit periodsvary among different industries. For example, a jewelry store may sell diamond engagement rings for 5/30, net 4 months. A food wholesaler, selling fresh fruit and produce, might use net 7. Generally a firm must consider three factors in setting a credit period:
1.The Probability That the Customer Will Not Pay.A firm whose customers are in highrisk businesses may find itself offering restrictive credit terms.
2.The Size of the Account.If the account is small, the credit period will be shorter. Small
accounts are more costly to manage, and small customers are less important.
3.The Extent to Which the Goods Are Perishable.If the collateral values of the goods are
low and cannot be sustained for long periods, less credit will be granted.
Lengthening the credit period effectively reduces the price paid by the customer. Generally
this increases sales

Results (English) 1:

The terms of sale refer to the period for which credit is granted, the cash discount, and thetype of credit instrument. For example, suppose a customer is granted credit with terms of2/10, net 30. This means that the customer has 30 days from the invoice date within which to pay.1In addition, a cash discount of 2 percent from the sales price is stated to be given ifpayment is made in 10 days. If the stated terms are net 60, the customer has 60 days fromthe invoice date to pay and no discount is offered for early payment.When sales are seasonal, a firm might use seasonal dating. O. m. Scott and Sons is amanufacturer of lawn and garden products with a seasonal dating policy that is tied to thegrowing season. Payments for winter shipments of fertilizer might be due in the spring orsummer. A firm offering 3/10, net 60, May 1 dating, is making the effective invoice dateMay 1. The stated amount must be paid on June 30, regardless of when the sale is made.The cash discount of 3 percent can be taken until May 10.Credit PeriodCredit periodsvary among different industries. For example, a jewelry store may sell diamond engagement rings for 5/30, net 4 months. A food wholesaler, selling fresh fruit and produce, might use the net 7. Generally a firm must consider three factors in setting a credit period:1. The Probability That the Customer Will Not Pay A firm whose customers are in highrisk businesses may find itself offering restrictive credit terms.2. The Size of The Account. If the account is small, the credit period will be shorter. Smallaccounts are more costly to manage, and small customers are less important.3. The Extent to Which the Goods Are Perishable. If the collateral values of the goods arelow and cannot be sustained for long periods, less credit will be granted.Lengthening the credit period effectively reduces the price paid by the customer. GenerallyThis increases sales

Results (English) 2:

The terms of sale refer to the period for credit is mà Granted, the cash discount, and the
type of credit instrument. For example, suppose a customer is credit with terms of Granted
2/10, net 30. This vì the customer has 30 days from the invoice date to pay trong đó.
1
In to addition, a cash discount of 2 percent from the stated sales The price is to be given if
payment is made ​​in 10 days. If the stated terms are net 60, the customer has 60 days from
the invoice date to pay and no discount for early payment is Offered.
When sales are seasonal, a firm might, dating seasonal use. OM Scott and Sons is a
manufacturer of lawn and garden products dating with a seasonal tied to the policy nằm
Growing Season. Payments for winter shipments of fertilizer in the spring Might Be Due or
summer. A firm offering 3/10, net 60, May 1 dating, making the effective invoice date is
May 1. The stated amount paid Phải on June 30, regardless of khi sale is made.
The cash discount of 3 percent can be taken purchase until May 10.
Credit Period
Credit periodsvary khác Among industries. For example, a jewelry store diamond engagement rings sell apparel for 5/30, net 4 months. A food wholesaler, selling fresh fruit and tạo, net of might use như phải 7. Generally a firm in setting a credit Factors three period:
1.The Probability That the Customer Will Not Pay.A firm are in highrisk customers table có Garment Businesses find Itself restrictive credit terms offering.
2.The Size of the Account.If the account is small, the credit period shorter Will be. Small
accounts are more Costly to manage, and small customers table are less important.
3.The Extent to Which the Goods Are Perishable.If the collateral values ​​of the Goods are
low and can not be sustained for long periods, less credits Will Be Granted.
Lengthening effectively reduces the credit period paid by the customer price. Generally
this increases sales