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.
The two angles on the base in the triangle is 17 and 111 as the angles of straight line have to be 180 so 2x = 180 - 111 - 17 as the sum of all the angles in the triangle have to be 180
The formula for a problem like this is y - y1 = m(x - x1). The x coordinate, -8 is the x1 and the y coordinate 3 is x1. So the equation is y - 3 = -1/4(x + 8)
Equation:
y - 3 = -1/4(x + 8)
y - 3= -1/4x - 2
y = -1/4x + 1
Therefore the equation for the line is y = -1/4x + 1
Use feet for greater measurements, such as heights.<u><em> </em></u><u><em>Use yards to measure distances, such as the length of a football field.</em></u> Use miles to measure great distances, such as the distance between cities. Choose the most reasonable unit of measure.