Business Finance
Cash discounts for construction firm

Question Description

I need an explanation for this Business question to help me study.

Assignment 3.1: Cash Discounts Analysis

In this course project assignment, you will research cash discounts commonly offered for the industry your project's business is in, and determine if those discounts meet the needs of your project's business.

Click on the "Project" tab in the top navigation bar for more details on the course project.

Procedure

  1. Research the types of cash discounts available to businesses in your course project’s industry. Search the web, contact suppliers for your industry’s products, etc.
  2. Contact a financial institution to determine terms available for short-term or long-term loans commonly offered to businesses in your industry to purchase product.
  3. Make a list of the types of cash discounts commonly available from Step 1 and 2 above.
  4. After you have organized your thoughts, post your analysis of which terms you would accept for your company, and why you chose the terms you did to the course Forum. Copy this information to your financial plan final report template.


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Final Answer

aroojch (711)
Boston College

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