Published online by Cambridge University Press: 19 October 2009
Professors Lewellen and Edmister (L-E) are to be complimented on careful development and specification of the basic conceptual framework for an accounts-receivable control model. I consider the model to be a real contribution to the basic theory of financial management and will find it a useful supplement to my basic financial management classes.
1 see, for example, Weston, J. Fred and Brigham, Eugene F., Managerial Finance, 3rd ed. (New York, N. Y.: Holt, Rinehart and Winston, 1969), pp. 55–56Google Scholar.
2 Cotter, Richard V., The Business Policy Game (New York, N. Y.: Appleton-Century-Crofts, 1973)Google Scholar.