Discuss the following situations from accounting and business perspectives. With the rapid expansion of AKE business, Adam is contemplating on the idea of opening 3 more branches at strategic locations in some new housing residentials. Opening more branches must be accompanied with relevant strategies to support and increase sales/revenue, credit management, improve accounts receivable collection and inventory management. Adam understands that credit terms and shipping strategy could play a significant role in boosting his business' sales, improve accounts receivable collection and inventory management. INSTRUCTIONS: Based on the above situation, discuss and advice Adam to choose the: 1. appropriate credit term to improve increase sales/revenue, credit management, improve accounts receivable collection and inventory management. 2. appropriate shipping term to improve increase sales/revenue, credit management, improve accounts receivable collection and inventory management.
