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.
Answer
Find out the how many hours has Carlos practiced piano .
To prove
As given
Than
L.C.M of (4,10) = 20
Therefore the total hours Carlos practiced piano is 1.45 hours .
Answer:
18 cherries
Step-by-step explanation:
45 lemon pieces
40 lemons=16 cherries
5 lemons=2 cherries
Answer:
The probability that the pitcher throws exactly 8 strikes out of 15 pitches is approximately 0.199
Step-by-step explanation:
The given probability that the pitcher throws a strike, p = 0.507
The number of pitches thrown by the pitcher = 15 pitches
The probability that the pitcher does not throw a strike, q = 1 - P
∴ q = 1 - 0.507 = 0.493
By binomial theorem, we have;
When X = r = 8, and n = 15, we get;
The probability that the pitcher throws exactly 8 strikes out of 15 pitches, P(8), is given as follows
P(8) = ₁₅C₈ × 0.507⁸ × (1 - 0.507)⁽¹⁵ ⁻ ⁸⁾ = 6,435 × 0.507⁸ × 0.493⁷ ≈ 0.199
