Question

1) ABC Ltd was a small firm used to make goods and export to Japan. Due to current economic condition and competition pressure in the market, firm was being forced to provide longer credit period to clients. Due to lack of capital, delay in realization of funds from debtors it was difficult for the firm to start new production. If you are the finance manager of the firm, provide information to the firm regarding different sources through which firm can avail credit after shipping the goods and before the realization of export proceeds

Answer 1

Answer:

ABC Ltd was a small firm and used to make goods and export it to Japan. Due to current economic condition and competition pressure in the market, firm was being