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Essay

Credit and Collection Corporation

Essay specific features

 

Issue:

Business

 

Written by:

Dorothy S

 

Date added:

May 24, 2014

 

Level:

University

 

Grade:

B

 

No of pages / words:

4 / 978

 

Was viewed:

291 times

 

Rating of current essay:

 
Essay content:

To improve the favorability of the equity offer CCC has determined it needs an opinion on its financial statements from one of the Big Six CPA firms. The first type of accounts receivable CCC purchases are delinquent accounts. CCC reviews a company's delinquent accounts receivables, removes problem and bankrupt accounts from the list and then assumes collection responsibility for the collection for a management fee of 30 percent...
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The second type of accounts receivables are current and delinquent accounts receivable. CCC reviews a company's accounts receivables then pays the company 95 percent of the value of the receivables selected. Any uncollectible accounts are exchanged with the company for new receivables or are purchased back from CCC by the company...
displayed 300 characters

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