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-BARSIC- [3]
4 years ago
9

Indicate three reasons why a company might sell its receivables to another company

Business
1 answer:
lara [203]4 years ago
4 0
To accelerate access to amount collected.
They want the money now! They may need the cash to meet the demand on their payables, or a new asset acquisition.

Receivables may be the only reasonable source of cash.

I hope that helped
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BOVE
Goshia [24]

Answer:

Here are five key skills that an administrator in an automobile dealership would need:

Communication/interpersonal skills: Administrators would have to work with clients that come in for test drives. Having good interpersonal skills would help them respond to customers’ queries more effectively. A friendly and outgoing personality would make them more approachable for the customers. An ability to speak and understand multiple languages would help an administrator deal with customers who are not fluent in English. An administrator must be able to communicate effectively, both verbally and through nonverbal cues.

Organizational skills: Administrators need to be well organized in their work involving customers. They would be required to schedule and organize test drives, arrange meetings, keep a record of customers’ documents, handle car insurance matters, and provide other assistance to customers.

Prioritize: Administrators would have to handle several tasks (described earlier), so they should be able to prioritize and schedule tasks effectively.

Manage: An administrator would have to manage the daily operations, such as ensuring that customers submit authentic documents, making appointments, and scheduling test drives. The administrator is also responsible for managing employee behavior, safety, and compliance with the company’s policies.

Reasoning and mathematical skills: An administrator would need to have above-average mathematical skills in order to maintain the company’s accounts dealing with sales and servicing. The person would need logical reasoning skills to facilitate decision making and process management.

Explanation:

PLATO

5 0
3 years ago
Recently a project team for Cosco, the world's largest children's products company, developed a high chair that could be used as
xz_007 [3.2K]
It would be 1) existentialism
3 0
3 years ago
Health insurance for the elderly, the poor, and the disabled is provided by _____. Medicare and Medicaid under the Social Securi
Gre4nikov [31]

Medicare and Medicaid under the Social Security program

i'm taking the quiz right now, hope i helped ^__^

6 0
3 years ago
Read 2 more answers
Bank Reconciliation and Entries The cash account for Stone Systems at July 31, 20Y5, indicated a balance of $12,270. The bank st
prohojiy [21]

Answer: Please see below for the reconciliation of bank and book balance for Stone systems as $15,310

Explanation:

Bank Reconciliation Statement  for July 31 , 20Y5  for Stone Systems

Particulars                                 Amount

Balance on bank statement       $15,440

Additions:  

Outstanding Deposits                       $5,790                        

Deductions:  

Outstanding checks                 $5,560

Bank Error (400-40)                        $360                                        

Adjusted bank balance            $15,310

Balance in books                          $12,270.                        

Additions:  

Note Collection plus interest    $3,010  

Incorrect recording of check

($880-$800)                                    $80  

Deductions

Bank Service charges                    $50  

Adjusted book balance       $15,310

5 0
4 years ago
With a credit card you can pay for a big emergency expense
vfiekz [6]
Yes but you would need to pay that money back
7 0
4 years ago
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