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
Drupady [299]
3 years ago
7

Why would firms that rely heavily on credit sales find factoring attractive?

Business
1 answer:
lorasvet [3.4K]3 years ago
5 0
From my understanding, factoring is a specific transaction in which a business sells its invoices to a factor, which is a third party commercial financial company. This process is completed so that the business can get cash quicker than it would to wait for a customer’s payment. With factoring, a company will have more<span>more more flexibility because the funds are not restricted, rather than having to deal with a typical bank loan</span><span />
You might be interested in
The current price of a stock is $50, the annual risk-free rate is 6%, and a 1-year call option with a strike price of $55 sells
wariber [46]

Answer:

$9.00.

Explanation:

The computation of the value of a put option is shown below:

Data provided in the question

Current price of the stock = $50

Risk free rate = 6%

Strike price = $55

Sale price = $7.20

Based on the above information

The value of put option is

Put = V - P + X exp(-r t)

= $7.20 - $50 + $55 e RF  - 0.06(1)

= $7.20 - $50 + $51.80

= $9.00

Hence, the value of put option is $9

6 0
3 years ago
When a real estate agent says the three most important factors when buying a property are “location, location, location,” the ag
Lorico [155]

<u>Answer:</u>

The correct answer for this is 'non price competition'.

<u>Explanation:</u>

When a real estate agent says the three most important factors when buying a property are “location, location, location,” the agent is referring to one of the forms of non price competition.

Non-price competition is a type of competition where two or more than two producers use factors like customer service, packaging or delivery rather than the price to increase the demand of the product or service.

Here, location is used as a non-price competition to increase the demand.

3 0
3 years ago
Read 2 more answers
What is the most important external issue when using social media in emergency management?
melamori03 [73]
The suicide rates due to bullying 
5 0
3 years ago
Read 2 more answers
30 POINTS FOR BEST ANSWER!!!!
pochemuha
I'd definitely use paper products. Firstly they are less expensive than other types. Secondly it would save my factory money. According to usi.edu the construction costs of paper mills designed to use wasted paper is "<span>50 to 80% less than the </span>cost<span> of </span>a <span>mill using new pulp." Thirdly it is renewable because I could plant trees after I cut some down for my factory. </span>
6 0
4 years ago
A company's ____________ is the percentage of the total target market for the product that belongs to the company.
ikadub [295]

Answer:

B. market share

Explanation:

Market share is the percentage of consumers that a company has captured from its specific, desired market within an industry.

8 0
3 years ago
Read 2 more answers
Other questions:
  • You are asked to be the leader of a task group. You are a new member to the group that is under pressure to meet new production
    12·1 answer
  • The regulations regarding both advertising and doing real estate business over the internet have been set forth in:
    8·1 answer
  • The real GDP of Country A grew by only 1% from 2011 to 2013, while the real GDP of Country B grew by 5% during that same time sp
    9·1 answer
  • Damien Carranza is an nonexempt employee of Verent Enterprises where he is a salesperson, earning a base annual salary of $30,00
    10·1 answer
  • Zoom call anyone<br> im bored
    13·1 answer
  • Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $206,000 of raw materials on credit
    9·1 answer
  • What types of businesses are likely to have an informal corporate culture?
    7·2 answers
  • You are the project manager of the BHY Project. Your project customer has demanded that the project becompleted by December 1. D
    13·1 answer
  • An economy enters an expansion and GDP increases from $34,000 to $40,000. What is the percent change in real GDP? Round your ans
    15·1 answer
  • What information must be contained in the dispatch release for a domestic air carrier flight?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!