How does Financial Exposure work in real, Look at a clear example
Financial Exposure Mr. Adonis has sold a Michael Kors designer bag to Mr. Jeffery worth $900. Mr. Jeffery made a payment of $600 at the time of the sale and promised to pay the balance of $300 after 3 months from the sale date. Here we see a case of partly credit sale(Financial Exposure). Mr. …
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