 | 1904 - 620 páginas
...be in proportion to the actual assets and in harmony with conditions which create and maintain it. A merchant's capital is the sum of his net available resources plus his credit. Worth Remembering. Tacked up in a prominent place in one of the largest local wholesale concerns are... | |
 | Lee Galloway - 1911 - 684 páginas
...creation of credit; what IB most desirable is, that credit be in relative proportion to the actual assets. The giver of credit is a contributor of capital, and...becomes, in a certain sense, a partner of the debtor and, aa such, has a perfect right to complete information of the debtor's condition at all times." To RICH.... | |
 | Robert Hiester Montgomery - 1912 - 716 páginas
...creation of credit. What is most desirable is, that credit be in relative proportion to the actual assets. The giver of credit is a contributor of capital, and...of the debtor, and, as such, has a perfect right to complete information of the debtor's condition at all times. Those accountants who call a deficit an... | |
 | Ralph Starr Butler - 1913 - 584 páginas
...relative proportion to the actual assets, and in harmony with conditions which create and maintain it. A merchant's capital is the sum of his net available...of the debtor, and, as such, has a perfect right to complete information of the debtor's condition at all times. Credit is given a merchant because of... | |
 | Ralph Joseph Cassell - 1913 - 276 páginas
...relative proportion to the actual assets, and in harmony with conditions which create and maintain it . A merchant's capital is the sum of his net available...partner of the debtor, and, as such, has a perfect rigb* to complete information of the debtor's condition at all times. Credit is given a merchant because-... | |
 | Ralph Joseph Cassell - 1913 - 276 páginas
...relative proportion to the actual assets, and in harmony with conditions which create and maintain it, A merchant's capital is the sum of his net available resources, plus his credit. The giver of credit ba contributor of capital, and becomes, in a certain sense, a partner of the debtor, and, as such,... | |
 | M. Martin Kallman - 1914 - 296 páginas
...they may well be quoted here : "Large assets are not always necessary to the creation of credit. A merchant's capital is the sum of his net available resources plus his credit. A merchant FINANCIAL STATEMENT A* per Books of Account w of Date RESOURCES Merchandise on hand, at... | |
 | Ben H. Blanton - 1915 - 332 páginas
...relative proportion to the actual assets, and in harmony with conditions which create and maintain it A merchant's capital is the sum of his net available...of the debtor, and, as such, has a perfect right to complete information of the debtor's condition at all times. <Credit is given a merchant because- of... | |
 | William Henry Kniffin - 1915 - 644 páginas
...relative proportion to the actual assets, and in harmony with conditions which create and maintain it. A merchant's capital is the sum of his net available...of the debtor, and, as such, has a perfect right to complete information of the debtor's condition at all times. "Credit is given a merchant because of... | |
 | 1915 - 510 páginas
...increase his sales, and magnify his profite. A merchant'» capital is the sum of his net 'imitable resources plus his credit. The giver of credit is...partner of the debtor and as such has a perfect right to complete information of the debtor's condition at all times. "Credit is given a merchant because of... | |
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A merchant's capital is the sum of his net available resources, plus his credit. The giver of credit is a contributor of capital, and becomes, in a certain sense, a partner of the debtor, and, as such, has a perfect right to complete information of the... 
