Answer:
Factoring
Explanation:
Factoring is a form of debtor finance that involves an entity selling it's accounts receivables to a third party at a discount.
The third party is called a factor.
This practice is usually carried out to meet urgent cash needs of the business.
In this instance Kliting Co. has a lot of outstanding accounts receivables and there is need for cash to pay its suppliers and employees at the end of the month.
Instead of borrowing Kliting Co. sells their accounts receivables to get the needed cash.
This is factoring finance
Answer:
Most favoured nation principle
Explanation:
Most favoured nation (MFN) clause of the World Trade Organisation requires that when a nation trades with others the concessions, immunities, and privileges granted to one nation should be the the same granted to all WTO members.
It discourages discrimination where one nation in international trade is favoured above another.
For example if Ghana reduces tariff on trades with South Africa it is expected that tariffs to other WTO nations will also be reduced to 3%.
Exceptions to this principle are for developing nations, regional free trade areas, and custom unions.
<span>It seems as though Maria needs to interview more people to get the best representatives for her study. a good strategy would be to screen representatives first by giving them a written test to see if they would even be close to what she was looking for then from those written tests she could choose who to interview and the interview could be shorter because a lot of information she would have discovered by the written test.</span>
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Answer:
direct materials = $33.00
conversion cost = $90.00
Explanation:
<em>Cost per equivalent unit = Cost during the period ÷ Equivalent units of Production</em>
<u>The direct materials and conversion cost per equivalent unit.</u>
Direct materials = $1,098,900 ÷ 33,300 liters = $33.00
Conversion cost = $603,000 ÷ 6,700 liters = $90.00