Examlex
The factors that increase normative commitment include:
Collection Period
The average number of days it takes a company to collect payments after a sale has been made.
Aging Schedule
A table or report that shows the amounts of accounts receivable broken down into categories by the length of time they have been outstanding.
Credit Policy
Guidelines that a company follows to determine credit terms for its customers, including payment deadlines, interest rates, and criteria for extending credit.
Marketable Securities
Marketable securities are liquid financial instruments that can be quickly converted into cash at market value, such as stocks, bonds, or treasury bills.
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