Cashdiscountis examined and calculatedaccording to thetotal volume, the cash discount is treatedasfinancingincomeandfinancingexpenditure by buyers and sellers accordingly.
With respect to the company's divisions, personal systems, printing, enterprise, services and software have each taken a hit from the previous year, with HP's financial services segment being the only unit to show growth (despite the fact that financingvolume is also down).
Performance in major industrialized economies will help determine the volume of external private financing to Crisis economies, an important determinant of the latter's growth.