Excerpt from Credit Control in Selected Retail Farm Supply Cooperatives: Area IV (Kansas, Nebraska, Missouri, Iowa, Illinois, and Southern Wisconsin)
The associations used in this study did a better job of controlling credit than the average cooperative in this area. Cooperatives in the cash crop section of this area had 10 days' sales in year-end accounts receivable compared to 15 days for 50 petroleum cooperatives in Kansas in 1957. Cooperatives in the diversified section of this area had 12 days' sales in year-end accounts receivable compared to 26 days for 50 farm supply cooperatives in Iowa and 17 days for 101 farm supply cooperatives in Illinois.
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Paperback. Condition: New. Print on Demand. This book provides an in-depth look at credit control practices within farm supply cooperatives. Its analysis of 30 cooperatives in the Midwest reveals a need for stricter credit policies to minimize accounts receivable and control credit sales. The author discusses the importance of establishing a specific credit policy, thoroughly explaining it to patrons, and rigidly enforcing its terms. The book also examines the use of cash discounts and interest charges to encourage timely payments, as well as the effectiveness of collection efforts. By analyzing credit extension and collection practices, the author highlights inefficiencies and suggests improvements that can enhance the financial stability of farm supply cooperatives. Overall, this book serves as a valuable resource for cooperatives seeking to improve their credit control practices, reduce credit costs, and increase their overall profitability. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9780260752512_0
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Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780260752512
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Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780260752512
Quantity: 15 available