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slavikrds [6]
3 years ago
6

If a business is in need of working capital, one option is to use a(n) ________ that will buy the company's account receivables

and then handle their collection for a fee.
Business
1 answer:
nekit [7.7K]3 years ago
8 0

Answer:

A factor company

Explanation:

A factor company is a finance company that specializes in purchasing company's accounts receivable,then goes ahead to collect the balances from the customers for a fee.

A factor company sometimes does this with a recourse to the company whose receivable has been factored or without a recourse.

With a recourse means that any accounts receivable balance uncollected would be transferred to the original company while without a recourse is the opposite situation

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There are different kinds of trade. Trading in foreign currency options would most likely be an appropriate hedging tool for individual investors who want to hedge the risk on specific U.S. exchange-listed stocks.

<h3>Currency option hedges</h3>

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An example, when an American importer is said to agree to buy some food equipment from a Chinese manufacturer at a later future date. The transaction will be carried out in Chinese currency.

The American importer has therefore made an hedge by buing currency options on the Chinese currency.

Learn more about trade from

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2 years ago
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Answer:

a. Developing a robust marketing program to promote the social justice elements of the business and gain insights into consumer purchasing behavior on the website

Explanation:

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2 years ago
1. Why might a person assume that Ms. White would be doing well financially?
GuDViN [60]

Answer:

I think you’re a person assumes and Mr. White will be doing well financially is because she is that the one who is teaching people how to financially afford people are going to think she’s doing well financially

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