Beach Bake, a small maker of a new sunscreen, needs financing to build a warehouse. The owner wants to avoid personal loans. Asset-based financing I would recommend.
What is asset based financing?
Working capital and term loans are given to businesses using a specific technique called asset-based finance. As collateral, it uses real estate, accounts receivable, machinery, equipment, and inventories. When a loan to a corporation is backed by one of the company's assets, it is effectively referred to as a secured loan.
How do asset-based loans work?
Asset-based lending refers to a loan or line of credit given to a company and secured by a piece of property. Inventory, equipment, accounts receivable, and other balance-sheet assets are just a few examples of the different types of collateral utilized in asset-based lending.
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Answer:
By 59.17 % the GDP of Canada increase from 1990 to 2000 in U.S. dollars
Explanation:
For computing the increasing percentage, first we have to compute the GDP for the year 1990 and GDP for the year 2000
So, the GDP for the year 1990 = GDP of Canada × U.S cents
= $550 × 0.88
= $484
And, the GDP for the year 2000 = GDP of Canada × U.S cents
= $1070 × 0.72
= $770.4
Now, compute the increasing percentage which is computed below
= Difference of GDP amount ÷ 1990 GDP × 100
= 286.4 ÷ 484 × 100
= 59.17%
Hence, by 59.17 % the GDP of Canada increase from 1990 to 2000 in U.S. dollars
This business impact analysis (bia) is developed as part of the contingency planning process for the <u>recovery strategies</u>.
A business impact analysis (BIA) predicts the consequences of disruption of an enterprise characteristic and method and gathers statistics to broaden restoration strategies.
The BIA process focuses on the results or consequences of an interruption to critical business functions and attempts to quantify the financial and non-financial costs related to the disaster. The BIA identifies and analyzes the components of the organization which is maximum vital.
A business impact evaluation (BIA) is the system of figuring out the criticality of business activities and related useful resource necessities to make sure operational resilience and continuity of operations in the course of and after a business disruption.
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Answer:
"B"
Explanation:
Expenses are recognized under the accrual accounting principle.
Before expenses can be recognized under accrual method , it must be matched to a particular revenue.This means that expenses are recognized in the period that the expense was able to generate a revenue. In other words , it in recorded in the period in which it was sold and not the period it was bought.
This is done to improve the quality , accuracy of financial statement to give a true representation of an organization.