From my understanding, factoring is a specific transaction in which a business sells its invoices to a factor, which is a third party commercial financial company. This process is completed so that the business can get cash quicker than it would to wait for a customer’s payment. With factoring, a company will have more<span>more more flexibility because the funds are not restricted, rather than having to deal with a typical bank loan</span><span />
Answer: True
Explanation:
Current assets are the assets that a company had and which are expected to be either used or sold over the next year. Examples of current assets are cash, cash equivalents, stock inventory, accounts receivable, marketable securities, and other liquid assets.
It should be noted that when the sales of a from continue to grow, the current assets of such company also increases. An example is when there is an increase in the sales increase, this.will also have an impact on the firm's inventories as there will be an increase.
The answer is a tape measure. <span>A </span>tape measure or measuring tape<span> is a flexible ruler and used to </span>measure<span> distance. It consists of a ribbon of cloth, plastic, fiber glass, or metal strip with linear-</span>measurement<span> markings.</span>
Answer:
Current yield = 0.05238 or 5.238% rounded off to 5.24%
option B is the correct answer
Explanation:
The current yield is the return on investment in form of interest or dividend expressed as a percentage of the current market value of the instrument. Thus the formula for current yield on a bond will be,
Current yield = Interest per year / Current market price
Assuming that the value of bond is 100. The interest or coupon payment on bond will be = 100 * 5.5% = $5.5 per annum
Current yield = 5.5 / 105 = 0.05238 or 5.238% rounded off to 5.24%
Answer:
The correct answer is option C.
She wants to work with a different group of adults
Explanation:
As Whitney is a social person and she wants to work in a happy environment with happy people and she notices that the employees all seem uncomfortable and the children are unnaturally quiet.
Therefore, due to these reasons and approach of Whitney the job is unfit for her.
