Watch the “Ch. 8: Overview with Paul Kimmel” video located in the Week 1 Video Assignments in WileyPLUS.
Consider the following as you view:
The purpose of this video is to help you understand why accounts receivable management is important. In this video, Paul Kimmel, the co-author of your text, shares examples from real world experience and sets the tone for what is ahead in Ch. 8.
If you were a small business owner, how would your inability to collect your receivable timely affect your business operations?