1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Pani-rosa [81]
3 years ago
7

Revenue & Sales Corporation and Software Solutions, Inc., enter into a contract for the design of custom software for which

Revenue & Sales agrees to pay $4,500. Software Solutions transfers the right to payment under the contract to Creditline Company. Creditline is:______
a. an assignor.
b. an assignee.
c. an obligee.
d. a delegate.
Business
1 answer:
ra1l [238]3 years ago
5 0

Answer:

b. an assignee.

Explanation:

Based on the information provided within the question it can be said that in this scenario Creditline is an assignee. This term refers to the individual or company that is accepting the obligations or responsibilities of the individual or company that presently has those obligations in the contract (the assignor) which in this scenario is Software Solutions since they are the ones transfering the right to payment.

You might be interested in
Mammoth Foods, a major agricultural corporation, recently purchased MJS Organic Foods Co. MJS was established six years ago and
Alexandra [31]

Incomplete question. The option read;

A) star

B) cash cow

C) dog

D) problem child

E) top gun

Answer:

<u> A) star</u>

Explanation:

Note, the Growth-Share Matrix is designed to assist companies in determining which among their investment portfolio is worth directing resources and capital into and that would be most profitable. It is represented in four quadrants.

Among all the quadrants, the Star quadrant is meant for investments with great future potential. We could recall that there's a positive projection for MJS, it was said that the<em> "fruit market is expected to have a double-digit growth rate over the next decade." </em>Hence,  MJS would most likely be classified as a star.

7 0
3 years ago
A financial crisis: Suppose the economy starts with GDP at potential, the real interest rate and the marginal product of capital
Masteriza [31]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

3 0
3 years ago
Brenda young desires to have $15,000 eight years from now for her daughter's college fund. if she will earn 6 percent (compounde
labwork [276]

Present value PV= FV(1/(1+r)^n)

PV = Present Value

FV = Future Value

r= rate

n= number of years

Just plug in the numbers and calculate.

7 0
3 years ago
Read 2 more answers
If a business is in need of working capital, one option is to use a(n) ________ that will buy the company's account receivables
vesna_86 [32]

Answer:

factoring company

Explanation:

Factoring companies purchase your company's invoices (account receivables). When they do that, your company promptly receives a cash advance, instead of waiting for the usual 60, 90 day period to receive the full payment amount. Afterward, the factoring company collects the payment from your clients.

All of that is done for a fee to the factoring company (deducted from the full payment amount) and mostly with clients with whom it is normal to have longer payment periods. Factoring is an essential way to get bigger working capital.

5 0
3 years ago
Read 2 more answers
Hope College is planning for the next biennium. School administrators know that the enrollment is on the decline, but still need
Alekssandra [29.7K]

They can accomplish this through early retirement.

<h3><u>Explanation:</u></h3>

Early retirement is a way that we use to stop or discontinue something. Most of the aged person tends to choose early retirement for the purpose of achieving the benefits form the organisation to the most possible level. This decision can be taken when we know that the organisation will be closed in the near future and continuing work will not benefit us.

When we decide for the early retirement the befits that we attain from that will be more than  the benefit that are obtained in continuing work. In the given example, Hope college has a plan for next biennium. But, the enrollments are reduced in number and they want to reduce the payroll slowly. Thus this can be accomplished with the help of early retirement.

7 0
3 years ago
Other questions:
  • If a country's GDP decreases, but its debt increases during that year, then the country's debt to GDP ratio for the year will __
    9·1 answer
  • Mitchell wants a notation in his credit report indicating that he has been victimized by an identity thief. Identify what he nee
    10·2 answers
  • Type the correct answer in the box. Spell all words correctly.
    15·1 answer
  • In​ 2019, Chen Corporation purchased treasury stock with a cost of $ 54 comma 000. During the​ year, the company declared and pa
    10·1 answer
  • ECNAL Corp. manufactures bicycle parts. One of its new products, the Slipstream tire, is advertised to be 20 percent stronger th
    12·1 answer
  • Jack and Jill have trouble keeping their checking account balanced. Because they never know how much is really in their account,
    8·1 answer
  • In its first year of operations, Grace Company reports the following:
    10·1 answer
  • NeNe is an accountant and a U.S. citizen who has accepted a permanent position in Madrid, Spain, for a Spanish financial service
    8·1 answer
  • The Sisyphean Company is planning on investing in a new project. This will involve the purchase of some new machinery costing $4
    15·1 answer
  • During ________, the project manager performs several activities to assess the size, scope, and complexity of the project and to
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!