In the market for labor, demand describes

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

lorasvet [3.4K]

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 moremore more flexibility because the funds are not restricted, rather than having to deal with a typical bank loan

5 0

2 years ago

Kuzio Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Sell

rusak2 [61]

Answer:

Net operating income $8,950

Explanation:

The overall impact on the net operating income is the amount of increase in contribution from the addtional sales less the increase in monthly advertising budget.

$

Contribution = ($75 × 190) = 14,250

Fixed cost - advertising ( 5,300)

Net operating income  8950

Please, note that the fixed costs of $194,000 per month are not relevant for this decision. Simply because they would be incurred either way and that are not completely traceable to the increase sales.

3 0

2 years ago

Which are examples of long-term goals? Select all that apply.

bulgar [2K]

Saving for retirement
writing a book
joining a club or team

5 0

2 years ago

Read 2 more answers

Michael owns a machine shop. In reviewing the shop's utility bills for the past 12 months, he found that the highest bill of $2,

Citrus2011 [14]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Highest cost= $2,400 when the machines worked 1,000 machine hours.

Lowest cost= $2,200 when the machines worked 500 machine hours.

To calculate the variable cost per unit and total fixed costs, we need to use the following formulas:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (2,400 - 2,200) / (1,000 - 500)

Variable cost per unit= $0.4 per hour

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 2,400 - (0.4*1,000)= $2,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 2,200 - (0.4*500)= $2,000

Total cost= 2,000 + 0.4x

x= machine hour

Finally, the total cost for 1,200 machine hours:

Total cost= 2,000 + 0.4*1,200

Total cost= $2,480

7 0

2 years ago

For effective presentation slides, you should apply the 6-x-6 rule to most slides. The 6-x-6 rule means that:

Vlad [161]

Answer:

The answer is option B) The 6-x-6 rule means that each slide has no more than six words per line and no more than six lines.

Explanation:

Using slides to present has become a widespread practice for teaching, making a speech, giving an address, etc.

However, the effectiveness of the presentation is dependent on how clear the words projected on the screens are, the color coding as well helps for aesthetics.

The 6-x-6 rule helps to correct the error made by presenters whose slides are packed with too many words making their presentation ineffective.

For effective presentation slides, you should apply the 6-x-6 rule to most slides.

This presentation rule suggests that you should include no more than six words per line and no more than six bullet points per slide.

The goal is to keep your slide from being so dense and packed with information that people don't want to look at it

3 0

2 years ago