Automobile Parts Company
Respond to the discussion question below, using appropriate accounting vocabulary . Support your answers with examples and research and cite your sources using the APA format. You own an automobile parts company and have been approached by a leading car manufacturer to supply parts to the company. How would you determine that the car manufacturer has a good record of servicing sales and paying its suppliers? What are the signs you would look out for in the financial statements for the possibility of bad debts? What are the advantages and disadvantages of allowing customers to make purchases on credit?
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