Assume you are a financial manager of a firm that sells most of its product on credit and also buys much of its raw materials on credit. Use the scenario parameters to help answer these questions in a 250 word paper: Explain the importance of your credit standards that you extend to your customers. What are the options available to you to finance your inventory short-term? What is the cost of forgoing a 2/10 net 30 trade discount to your firm?
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