ABSTRACT

Fixed assets 21,820 67 3,014 67 4,226 54 2,056 53 23 77 1,283 Current

assets Stocks 3,009 9 436 10 1,867 24 287 7 3 10 210 Debtors 7,590 23 891 20 1,393 18 666 17 3 10 423 Cash and

investments 153 166 3 327 4 895 23 3 139

10,752 100 1,493 100 3,587 100 1,848 100 7 100 772 Current 10,617 1,902 2,572 1,058 14 861 liabilities

1 the individual firm's line of business (e.g. retail or manufacturing); 2 the ratio of credit sales to total sales; 3 the sales growth rate; 4 the credit policies of the firm's competitors; 5 the individual firm's credit policies.