Joneja Bright Steels: The Cash Discount Decision Case Solution
Joneja Bright Steels Private Limited (JBS) was one of numerous significant gamers in India's bright steel market, serving nearly every car maker in Northern India. JBS thought about utilizing credit policies as a method of enhancing profitability-shifting from a stringent credit policy of net 45 days to a versatile credit policy with a 2 per cent discount for accounts paid within 10 days (2/10 net 45 days). Should JBS carry out a cash discount for financial year 2016/17?
This is just an excerpt. This case is about GLOBAL BUSINESS
PUBLICATION DATE: February 21, 2017
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