应收帐款投资决策的分析方法

分析了企业企业应帐款投资占用水平的因素，探讨了企业信用政策变化与利润的关系，运用边际分析方法给出应收帐款投资决策分析模型，认为应收帐款的最佳投资水平应当是在应收帐款投资的边际报酬率等于企业要求的报酬率这一点上，只有当应收帐款投资带来的利润增量足以抵消成本增量，即净利润增量大于或等于零时，企业才应改变信用政策。

The Analysis Method of the Investment Decision of Account Receivable

This article mainly analyses the factor which decide the level of industry's account receivable investment occupancy, probes the relationship between the change of industry's credit policy and profit. An analysis model of the investment decision of account receivable with marginal analyzing method. The paper demonstrates that the best investment level of account receivable should be the point on which marginal rate of return equals required rate of return by enterprises. Enterprises should adjuSt credit policy when profit increment offsets completely cost increment, that is, net profit increment is greater or equals zero.