Past records show 95 of defaults were late at least

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: of customers defaulting on payments. A suggestion is made to discontinue credit to any customer who has one week or more late with his/her payment at least twice. Past records show 95% of defaults were late at least twice. Also, 3% of all customers default, and 30% of those who...
View Full Document

This note was uploaded on 10/01/2012 for the course BUAD 310 taught by Professor Lv during the Fall '07 term at USC.

Ask a homework question - tutors are online