The correct answer is accounts receivable.
While a loan must be repaid, factoring is the selling of accounts receivable to a finance company who then assumes responsibility for collecting the accounts.
<h3>What is factoring? </h3>
- Factoring is concerned to a kind of financial transaction. It is also a type of a debtor finance.
- In factoring a business sells it accounts receivable to another party at a lower cost or at a discount.
- It is usually used in international trade finance.
- It is also known as invoice factoring, accounts receivable factoring, or also as receivable financing.
- In factoring there are three different parties directly involved.
- The whole process highly confidential.
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Answer: Sunk cost
Explanation:
A sunk cost is a cost that an individual, firm or the government has already incurred and therefore can't be recovered anymore.
For example, marketing campaign expenses, rent or the money that is spent on purchasing new equipment can all be referred to as sunk costs as they are past cost and can't be recovered again.
Answer:
Kanban container size = 73
Number of kanbans needed = 5
Explanation:
Kanban container size (Q):
Q = SQRT [(2 x D x S) / H x (1 - d/p)]
where,
D = Annual demand
S = Setup cost
H = Holding cost
d = Daily usage
p = Daily production
Putting the given values in the above formula,
CONTAINER SIZE = SQRT ((2 * ANNUAL DEMAND * SETUP COST) / (HOLDING COST * (1 - (DAILY USAGE / DAILY PRODUCTION))))
Q = SQRT [(2 x 4,000 x $30) / $125 x (1 - 16/25)]
Kanbans container size = 73 units (Rounding off to the nearest whole number)
NUMBER OF KANBANS = DEMAND DURING LEAD TIME + SAFETY STOCK / SIZE OF CONTAINER
K = ((16 * 16) + (4 * 25) / 73 = 5
Answer:
2. Brett is a farmer with an open field on which he can plant either soybeans or corn.
Explanation:
Scarcity in economics means the resources available to meet man's needs are limited or scarce.
In brett's case, land is limited, so he has to choose between planting soybeans and corn.
I hope my answer helps you
When a data analyst identifies and classifies keywords from customer reviews to improve customer satisfaction, this is an example of categorizing things.
<h3>What is data?</h3>
Data can be defined as a representation of factual instructions (information) in a formalized and structured manner, especially as a series of binary digits (bits) or strings that are used on computer systems in a company.
<h3>Who is a data analyst?</h3>
A data analyst can be defined as an expert or professional who is saddled with the responsibility of inspecting, transforming, analyzing, and modelling data with the sole aim of discovering useful information, providing insights, and creating informed conclusions, so as to support decision-making.
<h3>The data analyst six (6) problem types.</h3>
Generally, there are six (6) problem types that are associated with a data analyst and this include the following:
- Making predictions
- Categorizing things
- Spotting something unusual
- Identifying themes
- Discovering connections
- Finding patterns
In this context, we can infer and logically deduce that a data analyst identifying and classifying keywords from customer reviews in order to improve customer satisfaction is an example of categorizing things.
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