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Mumz [18]
3 years ago
5

What is factoring? (idk...sssssoooooooo)

Mathematics
1 answer:
Flauer [41]3 years ago
7 0

Answer:

Hope this will help:

Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. A business will sometimes factor its receivable assets to meet its present and immediate cash needs. Forfaiting is a factoring arrangement used in international trade finance by exporters who wish to sell their receivables to a forfeiter. Factoring is commonly referred to as accounts receivable factoring, invoice factoring, and sometimes accounts receivable financing. Accounts receivable financing is a term more accurately used to describe a form of asset based lending against accounts receivable. The Commercial Finance Association is the leading trade association of the asset-based lending and factoring industries.

Factoring is not the same as invoice discounting (which is called an assignment of accounts receivable in American accounting – as propagated by FASB within GAAP). Factoring is the sale of receivables, whereas invoice discounting ("assignment of accounts receivable" in American accounting) is a borrowing that involves the use of the accounts receivable assets as collateral for the loan. However, in some other markets, such as the UK, invoice discounting is considered to be a form of factoring, involving the "assignment of receivables", that is included in official factoring statistics.

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biancas employer matches 25% of her 401(k) contributions u to $1000 biancas salary is $50000 and last year she contributed $6000
Phoenix [80]
We are told that the employer matches 25% of Bianca's contributions to her 401(k). We are also told that Bianca's salary is $50,000 a year, of which she contributed $6000 to her own 401 (k). Her salary is not necessary to solve this, simply knowing how much she put into her 401(k) is enough information.

We can solve for 25% of $6000.

$6000 x 0.25 = $1500.

The employer should contribute $1500 to her 401(k), however, the question also states that they will contribute 25% UP TO $1000. Since 25% of 6000 is greater than 1000, the employer's contribution to the 401(k) will be $1000.
4 0
3 years ago
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What number is the opposite of -524
Georgia [21]

Answer: 524

Step-by-step explanation: The opposite number is the negative or positive number of the number given.

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3 years ago
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This is quadratic equations <br> Help asap!!
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Answer:

x = - 3 ± \sqrt{2}

Step-by-step explanation:

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x² + 6x = - 7

using the method of completing the square

add ( half the coefficient of the x- term )² to both sides

x² + 2(3)x + 9 = - 7 + 9

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3 0
2 years ago
5 times the sum of 8 and d
SVETLANKA909090 [29]

Answer:

Step-by-step explanation:

To write Five times the sum of a number and one you first make "a number" into a variable. In this case let's call it  

n

.

Next let's create the sum of a number and one. This would be:  

n

+

1

.

Then to get five times this number we need to multiple this expression by five to get:  

5

⋅

(

n

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1

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5 0
3 years ago
I need a percentage, and 60 doesn't work. Please help!
alukav5142 [94]

The probability that you will wait for at most 5 seconds is 6.7%

<h3>How to determine the probability?</h3>

The given parameters are:

Green = 40

Yellow = 5

Red = 30

When you spend a maximum of 5 seconds, it means that you get to the traffic light at the yellow cycle.

The probability is then calculated as:

P(Yellow) = 5/(40 + 5 + 30)

Evaluate

P(Yellow) = 6.7%

Hence, the probability that you will wait for at most 5 seconds is 6.7%

Read more about probability at:

brainly.com/question/15246027

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