Account Credit Management And Profitability Of Manufacturing Companies: A Survey Of Three Companies In Mogadishu Somalia

ABSTRACT Managing credit particularly accounts receivable effectively and efficiency way is one of the most difficult tasks under the managers, because accounts receivable is the second broadest part of company's assets after Cash. While on the IV Accounts receivable are amounts owed by a customer on account. They are from the sale of goods and services. These receivables generally are expected to be collected within 30 to 60 days, and they are the most significant type of claim held by a company. To identify the level of managing accounts receivable in selected manufacturing companies in Moga…