Answer:
Factoring
Explanation:
Factoring is a form of debtor finance that involves an entity selling it's accounts receivables to a third party at a discount.
The third party is called a factor.
This practice is usually carried out to meet urgent cash needs of the business.
In this instance Kliting Co. has a lot of outstanding accounts receivables and there is need for cash to pay its suppliers and employees at the end of the month.
Instead of borrowing Kliting Co. sells their accounts receivables to get the needed cash.
This is factoring finance
Answer:
$90,119.405
Explanation:
Given:
Periodic payment (p) = $25,000
Number of payment (n) = 5
Interest rate (r) = 12% = 12 / 100 = 0.12
Present value = ?
Computation of Present value :
![Present\ Value = PMT [\frac{1-(1+i)^{-n}}{i}] \\\\ Present\ Value= 25,000 [\frac{1-(1+0.12)^{-5}}{0.12}]\\\\Present\ Value= 25,000 [\frac{1-(1.12)^{-5}}{0.12}]\\\\Present\ Value= 25,000 [\frac{1-0.567426856}{0.12}]\\\\Present\ Value= 25,000 [\frac{0.432573144}{0.12}]\\\\Present\ Value= 25,000 [3.6047762]\\\\Present\ Value= 90,119.405](https://tex.z-dn.net/?f=Present%5C%20Value%20%3D%20PMT%20%5B%5Cfrac%7B1-%281%2Bi%29%5E%7B-n%7D%7D%7Bi%7D%5D%20%5C%5C%5C%5C%20Present%5C%20Value%3D%2025%2C000%20%5B%5Cfrac%7B1-%281%2B0.12%29%5E%7B-5%7D%7D%7B0.12%7D%5D%5C%5C%5C%5CPresent%5C%20Value%3D%2025%2C000%20%5B%5Cfrac%7B1-%281.12%29%5E%7B-5%7D%7D%7B0.12%7D%5D%5C%5C%5C%5CPresent%5C%20Value%3D%2025%2C000%20%5B%5Cfrac%7B1-0.567426856%7D%7B0.12%7D%5D%5C%5C%5C%5CPresent%5C%20Value%3D%2025%2C000%20%5B%5Cfrac%7B0.432573144%7D%7B0.12%7D%5D%5C%5C%5C%5CPresent%5C%20Value%3D%2025%2C000%20%5B3.6047762%5D%5C%5C%5C%5CPresent%5C%20Value%3D%2090%2C119.405)
We be will invest $90,119.405 (approx).
Answer:
D. Primary
Explanation:
The newly issued securities are first sold to the investors of the primary market .
The primary market id responsible for issuing the securities for the exchange of the company , or other groups .
The primary market are run by the underwriting groups which includes the investment banks .
Hence , from the information of the question , the correct term is ( d. ) Primary market .
<u>Solution:</u>
In order to record the merchandise inventory on LCM with the correct amount, the following Journal entry will be passed in the books of account:
Date account and explanation debit credit
Dec 31 The cost of goods sold (250000-200000) 50000
Merchandise inventory 50000
(To record inventory on LCM)
Therefore, the cost of goods sold will be debited with an amount of $50000 and the Merchandise inventory will be credited with the same amount of $50000.
Answer:
All of these.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.
Market research can be defined as a strategic technique which typically involves the process of identifying, acquiring and analyzing informations about a business. It involves the use of product test, surveys, questionnaire, focus groups, interviews, etc.
Over the years, customers have become increasingly anxious about breaches of privacy and compromise of their data by business firms. Thus, it is essential for marketing researchers to;
I. Conceal or hide consumers' addresses (both work and home) and phone numbers when they share information on any platform.
II. They should only share customer information with the sales department for follow-up.
III. Respect and protect the privacy of all of their customers without question or recourse.
IV They should always refer to the company's code of ethics so as to determine what information are permitted to be released for public consumptions.
