Examlex
France's Fourth Republic collapsed and Charles de Gaulle came to power in 1958 because of disastrous French defeats in Vietnam.
Credit Policy
The guidelines a company follows to determine credit terms for customers, including payment terms, credit limits, and how to handle late payments.
Incremental Pre-tax Profits
Additional earnings before taxes that result from specific actions or decisions, used in investment appraisal.
Variable Costs
Variable costs are expenses that change in proportion to the activity of a business, such as sales volume or production levels.
Credit Terms
The conditions, including payment deadlines and interest rates, under which credit is extended to a borrower.
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