Answer:
Hope this will help:
Factoring is a financial transaction and a type of debtor finance in which a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount. A business will sometimes factor its receivable assets to meet its present and immediate cash needs. Forfaiting is a factoring arrangement used in international trade finance by exporters who wish to sell their receivables to a forfeiter. Factoring is commonly referred to as accounts receivable factoring, invoice factoring, and sometimes accounts receivable financing. Accounts receivable financing is a term more accurately used to describe a form of asset based lending against accounts receivable. The Commercial Finance Association is the leading trade association of the asset-based lending and factoring industries.
Factoring is not the same as invoice discounting (which is called an assignment of accounts receivable in American accounting – as propagated by FASB within GAAP). Factoring is the sale of receivables, whereas invoice discounting ("assignment of accounts receivable" in American accounting) is a borrowing that involves the use of the accounts receivable assets as collateral for the loan. However, in some other markets, such as the UK, invoice discounting is considered to be a form of factoring, involving the "assignment of receivables", that is included in official factoring statistics.
Answer:
Step-by-step explanation:
Put n = 2 and next n = 3 to the recursive formula:
Answer:
we need to to find what percentage 9 is of 90
from looking at this we can see that 90 is just 9*10
so 9% of students took a vanilla cupcake
Hope This Helps!!!
Answer:
x = 2
Step-by-step explanation:
Step 1 :
Equation at the end of step 1 :
(4+(4•(x-2)))-(2•(x+1)-x) = 0
Step 2 :
Equation at the end of step 2 :
(4 + 4 • (x - 2)) - (x + 2) = 0
Step 3 :
Step 4 :
Pulling out like terms :
4.1 Pull out like factors :
3x - 6 = 3 • (x - 2)
Equation at the end of step 4 :
3 • (x - 2) = 0
Step 5 :
Equations which are never true :
5.1 Solve : 3 = 0
This equation has no solution.
A a non-zero constant never equals zero.
Solving a Single Variable Equation :
5.2 Solve : x-2 = 0
Add 2 to both sides of the equation :
x = 2
One solution was found :
x = 2
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