1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
love history [14]
2 years ago
10

While a loan must be repaid, factoring is the selling of _____ to a finance company who then assumes responsibility for collecti

ng the accounts.
Business
1 answer:
Umnica [9.8K]2 years ago
6 0

The correct answer is accounts receivable.

While a loan must be repaid, factoring is the selling of accounts receivable to a finance company who then assumes responsibility for collecting the accounts.

<h3>What is factoring? </h3>
  • Factoring is concerned to a kind of financial transaction. It is also a type of a debtor finance.
  • In factoring a business sells it accounts receivable to another party at a lower cost or at a discount.
  • It is usually used in international trade finance.
  • It is also known as invoice factoring, accounts receivable factoring, or also as receivable financing.
  • In factoring there are three different parties directly involved.
  • The whole process highly confidential.

To learn more about accounts visit: brainly.com/question/17373928?

#SPJ4

You might be interested in
Upon graduating from college, you make an annual salary of $58,381. You set a goal to double it in the future. If your salary in
Fynjy0 [20]

Answer: 9.20

Explanation:

In finance there is a rule for calculating this called 'The Rule of 70'.

With The Rule of 70, you are able to calculate the amount of time it will take an investment to double if you divide 70 by the growth rate of the investment.

In this scenario, the investment is your salary and the growth rate is 7.61% pee year.

The amount of time it will take to double is therefore,

= 70 / 7.61

= 9.19842312746

= 9.20 years.

It will take 9.20 years to double.

7 0
3 years ago
What MIGHT be a solution to unequal development applied by ASEAN, according to Vision 2020? A) free trade B) democratic election
Fittoniya [83]

Answer:

The correct answer is letter "A": free trade.

Explanation:

Free trade allows countries to share their goods and services without boundaries. The most important factor possible thanks to free trade is the access to knowledge and information that could boost economies with low innovation to gather ideas of what actions can be taken to improve their situations.

4 0
4 years ago
Read 2 more answers
Suppose that Verizon Wireless has hired you as a consultant to determine what price it should set for calling services. Suppose
Feliz [49]

Answer:

If Verizon charges an optimal two-part price thenconsumer surplus will be zero.

Explanation:

Given a competitive market the consumer surplus will be the area of the demand curve above the market price

This is, between the intersection point with Y axis and a parallel at market price. Ofter represent as a triangle

If a monopolistic company maximize profit It will decrease this consumer surplus as much as it can to gain it from itself.

First it will set price equal to his marginal revenue.

Then, if possible it will charge two tariff a fixed component and a variable component per usage This will extrac all consumer surplus in favor of the firm leaving a consumer surplus of zero.

If Verizon charges an optimal two-part price thenconsumer surplus will be zero.

3 0
3 years ago
In the month of November, Carla Vista Co. Inc. wrote checks in the amount of $9,565. In December, checks in the amount of $11,46
liberstina [14]

Checks written in November $9,750

Less: Checks paid by bank in November $8,800

Checks outstanding at the end of November $950

Add: Checks written in December $11,762

Less: Checks paid by bank in December 10,889

Checks outstanding at the end of December $1,823

hope this helps!

- a random freshman

7 0
3 years ago
As a student in the Principles of Management class of Ama Ghana University, you are expected to have experiential knowledge so t
erma4kov [3.2K]

Answer:

The organization structure is not clearly defined, Managers are performing duties in various departments at a time.

Explanation:

San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.  

Questions 1: Planning, organizing, leading and controlling

Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.

Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.

Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.

Question 5:

(i) The profits for San Consulting will decline

(ii) The profit will rise because employee will focus more on their specific tasks.

1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.

5 0
3 years ago
Other questions:
  • The expected variable cost per unit for a proposed project is $8.48 and the expected fixed cost is $27,400. The cost estimates h
    11·1 answer
  • Tommy is from a small town and quit high school to get married. He and his wife have five kids, and his wife stays home with the
    13·1 answer
  • Which of the following is NOT considered a key characteristic of a core capability: a. It is based on factors that are rare or u
    7·1 answer
  • Complete the following sentence. ​If, as the price of orange juice decreases​, the quantity of grapefruit juice that people buy
    10·1 answer
  • Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil f
    11·1 answer
  • Failure to understand the beliefs and expectations of stakeholders:a. Causes a company's profits to increase in the short run.b.
    11·2 answers
  • Whoever answer first is getting brainliest :D
    10·2 answers
  • Suppose you buy a 7 percent coupon, 20-year bond today when it’s first issued. If interest rates suddenly rise to 15 percent, wh
    15·1 answer
  • Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its mo
    11·1 answer
  • How to be a successful entrepreneur?
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!