FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following statements about factoring accounts receivables is NOT correct? Select one: a. It can be a convenient and nearly costless source of

image text in transcribed
Which of the following statements about factoring accounts receivables is NOT correct? Select one: a. It can be a convenient and nearly costless source of financing b. It can help a firm accelerate collections of cash c. It can become a spontaneous source of financing d. It can be a flexible source of financing

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Public Finance

Principles Of Public Finance

Authors: Toshihiro Ihori

1st Edition

9811023883, 978-9811023880

More Books

Students also viewed these Finance questions

Question

★★★★★
In June 30, 2012, the Ventura County Star reported that 63% of employers allow employees to work from home sometimes (this is up from 34% in 2005). Suppose a random sample of 400 employers shows that...

Answered: 1 week ago

Question

★★★★★
Which of the following references is presented in the correct format (in line with the approach shown in this book) for your bibliography? a Pereira, V., Fontinha, R., Pawan, B. and Arora, B. (2018)...

Answered: 1 week ago

Question

★★★★★
In the Benign Breast Disease Study, the sample consists of ???? = 50 women diagnosed with fibrocystic breast disease and ???? = 150 women without fibrocystic breast disease. One of the variables...

Answered: 1 week ago

Question

★★★★★
The following data were accumulated for use in reconciling the bank account of Spectrum Co. for July: a. Cash balance according to the company's records at July 31, $8,346.50. b. Cash balance...

Answered: 1 week ago

Question

★★★★★
eBook 3 Show Me How Calculator Print Item Entries for Treasury Stock On May 27, Kick Off Inc, reacquired 79,000 shares of its common stock at $10 per share. On August 3, Kick Off sold 53,000 of the...

Answered: 1 week ago

Question

★★★★★
Home Demo reports the following results. (a) Compute Home Demos return on assets. (b) Is Home Demos return on assets better than the 11% return of Lows Hardware (a competitor)? Sales........ $95...

Answered: 1 week ago

Question

★★★★★
Perform in MATLAB: (a) Construct an algorithm to determine machine precision and another algorithm to determine the smallest positive number of a floating point number system. (b) Use the algorithms...

Answered: 1 week ago

Question

★★★★★
11.7 A copper bar with a cross-sectional area of 1.5 in. is loaded as shown. What is the total change in length of the bar? Ec = 16 x 100 psi. Def=0.044 in 4 ft 10.000 lb 4000 lb - 8 ft PROB. 11.7

Answered: 1 week ago

Question

★★★★★
Divergent LTD is an investment company which owns a number of subsidiary companies. Each subsidiary produces a particular product or service. The subsidiary companies are grouped into three divisions...

Answered: 1 week ago

Question

★★★★★
A cylindrical casting of diameter 200 mm and height 100 mm is to be casted. From the previous observations it was found that to cast a shaft of 150 mm diameter and 500 mm length, the casting time is...

Answered: 1 week ago

Question

★★★★★
Illustrate a strategic timeline to obtain/maintain market penetration in 1 year. Illustrate a strategic timeline to increase production capacity in 3 years Illustrate a strategic timeline to market...

Answered: 1 week ago

Question

★★★★★
1 General triangles 1 General triangles 2 You are stuck in place P and there is a landmark (L) in your sight that is at an angle of 42 to a reference line as in the picture. You know that there is a...

Answered: 1 week ago

Question

★★★★★
What is the strategic importance of the selection function for an organization?

Answered: 1 week ago

Question

★★★★★
How would you go about designing a selection process for the Pacific Rim operations from scratch?

Answered: 1 week ago

Question

★★★★★
Is it important to have similar hiring processes for different regions of the same company? Why or why not?

Answered: 1 week ago

Previous Question Next Question