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Finding Out Who Is Ultimately Responsible for a Bad Debt

question 67

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Finding out who is ultimately responsible for a bad debt can be helped by D&B's D-U-N-S (Data Universal Numbers System)that tracks relationships and ownership of businesses within D&B's information base.


Definitions:

Free Trade Credit

Credit received during the discount period.

Discount Period

The time frame during which a bill or invoice can be paid at a reduced rate before full payment is required.

Marketable Securities

Investments that can be converted to cash on very short notice and provide at least a modest return.

Net Operating Working Capital

A measure of a company's liquidity that takes into account the difference between its operating current assets and its operating current liabilities.

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