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Solnce55 [7]
4 years ago
9

A firm that specializes in buying other firms accounts receivable is called a(n) _____.

Business
1 answer:
choli [55]4 years ago
7 0
<span>A firm that specializes in buying other firms accounts receivable is called a factor.
</span><span>This type of firm buys accounts receivable for less than their face value, we can define accounts receivable as t</span>he amounts that are owed to a firm by its customers and a financial ratio that is calculated by dividing net sales by accounts receivable is known as accounts receivable turnover.
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If a gain of $11,000 is realized in selling (for cash) office equipment having a book value of $55,000, the total amount reporte
RideAnS [48]

Answer:

The answer is B. $66,000

Explanation:

What are the items under investing activities of cash flow? - Sale and purchase of long-term assets or non-current assets. Purchase is an outflow while sale is an inflow.

The book value of the sold equipment was $55,000 and gain was $11,000. Therefore the equipment was sold for:

$55,000 + $11,000

=$66,000.

So there was an inflow of $66,000.

The $11,000 gain will be shown under operating section of the cash flow.

4 0
4 years ago
The first marketing law suggests that to be successful in the market, marketers need to?
tia_tia [17]

The first marketing law suggests that in order to be successful in the market, the marketers need to understand the customer's demand and identify the brand positioning of the product in the market. Therefore, the option C holds true.

<h3>What is the significance of marketing laws?</h3>

Marketing laws are the ones that are universally accepted principles followed by marketers in order to get successful position in the market. The first and foremost law tells about how one should position the brand in a market over the demand of customers.

Therefore, the option C holds true and states regarding the significance of marketing laws.

Learn more about marketing laws here:

brainly.com/question/16264752

#SPJ4

The incomplete question has been completed below for better reference.

A. Understand customer's demands

B. Identify brand positioning

C. Both A and B

D. None of these

3 0
1 year ago
In the Month of March, Chester received orders of 125 units at a price of $15.00 for their product Clack. Chester uses the accru
Semmy [17]

Answer:

$0

Explanation:

Given that

Number of orders received = 125 units

Price for their product = $15

Number of units delivered = 125 units

Payment received in march in units = 63 units

Payment received in April in units = 63 units

Based on the above information, the revenue recognized on the march income statement is $0 as all units are delivered on April month so no revenue is recognized

6 0
3 years ago
For which customer relationship group should a company make continuous relationship investments to​ delight, engage,​ retain, an
pochemuha
<span>The answer is true friends True friends are best customer group for the company in the loyalty vs profit graph they have high loyalty and also high profit. So it can be said that they are profitable and at the same time loyal.Their need completely match with the products of the company. They should be nurtured so they can become true believers who spread positive words about company.</span>
6 0
4 years ago
Which one of these is the best way to prevent foreclosure? Save at least 1% of your home’s purchase price annually Refinance as
GenaCL600 [577]

Answer:

Use a budget to live within your means and build saving

Explanation:

Taking loans in engaging in capital projects are not to be discouraged,but the opinion or the fear of the masses is, if such loans could be paid back or the lender will be forced to apply foreclosure on your assets.

Through living within your means and with a healthy and well planned saving budget,all borrowed money will be definitely paid back to the lender .

4 0
4 years ago
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