Kliting Co. has a lot of outstanding accounts receivable but customers are slow to pay, and it doesn't have sufficient cash to pay its suppliers and employees at the end of the month. Instead of borrowing money, Kliting decides to sell its accounts receivable. This form of financing is known as: Group of answer choices

Answers

Answer 1

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


Related Questions

"A prospective customer has been solicited by a registered representative, and prior to opening an account, the customer wishes to check on the disciplinary background of that registered representative. Which statement is TRUE?"

Answers

Explanation:

i love Kayla it the ture statement

B2B markets differ from B2C markets because: Group of answer choices salespeople personally call on business customers to a far greater extent than they do consumers. many more products are sold in B2C markets than B2B. business products are often much less complex than consumer products. B2C transactions occur prior to B2B transactions. there are fewer B2B transactions resulting in smaller dollar amounts.

Answers

Answer:

salespeople personally call on business customers to a far greater extent than they do consumers.

Explanation:

Business to business (B2B) markets differ from Business to consumers (B2C) markets because salespeople personally call on business customers to a far greater extent than they do consumers.

Under the B2B sells its products directly to other businesses such as wholesalers or retailers and not the end consumers.

On the other hand, the B2C market involves businesses selling their goods and services directly to the end consumers or users for personal use.

Cash sales are normally 25% of total sales and all credit sales are expected to be collected in the month following the date of sale. The total amount of cash expected to be received from customers in September is:

Answers

Answer:

The total amount of cash expected to be received from customers in September is the sum of 25% of the September sales plus 75% of the August sales.

Explanation:

Mark, a real estate broker, teamed up with Chris, another real estate broker, in an effort to not do business with a cross-town broker. What may Mark and Chris be accused of...? Self Dealing Vicarious Liability Group Boycotting Price Fixing

Answers

Answer:

Group Boycotting.

Explanation:

In this scenario, Mark, a real estate broker, teamed up with Chris, another real estate broker, in an effort to not do business with a cross-town broker. Hence, Mark and Chris be accused of Group Boycotting.

Group Boycotting can be defined as the process of having two or more parties (competitors) come together and reach an agreement not to do business with their close rivals in the same industry. A group boycott is a violation of antitrust law because the conspiring parties refuse to do business with another for their selfish interests or ulterior motives.

This morning, Jeff found an aged bond certificate lying on the street. He picked it up and noticed that it was a 50-year bond that matured today. He presented the bond to the bank teller at his local bank and received payment for both the entire principal and the final interest payment.
The bond that Jeff found must have been which one of the following?
a. Debenture
b. Callable bond
c. Registered-form bond
d. Note Bearer-form bond

Answers

Answer:

The answer is D.

Explanation:

Note Bearer-form bond is a type of bond that is paid to the person presenting the the cheque at that very moment unlike registered-form bond is paid ONLY to the person that his name has been registered with the security exchange for the bond. Even if a stranger picks it up somewhere or is being stolen, the bond will not be honoured.

Option A(debenture) is incorrect because debenture is an unsecured long-term loan.

Option B(Callable bond) is also incorrect. This is a bond that can be claimed or redeemed by the person issuing it before its maturity.

James has $1500 to open a checking account. He can maintain a monthly balance of at least $1000. He plans to use the ATM four times per month at his local branch. He does not overdraft his account and plans to use direct deposit. He also plans to pay his bills online and he averages 8 bills per month. Bank Account Terms and Conditions Bank Account terms and conditions. Bank A is best for James. James wants an account with the lowest fees. Which checking account would be best for James? Account A Account B Account C Account D

Answers

Answer: Account A

Explanation:

Account A would be best for James as it provides the most value for the things he would like to do.

ATM charges are free with this account so he can use the ATM four times in the month at no chargeHe would pay no monthly fees as he uses direct debitHe would pay an annual fee of $0And as online payments are free, he would not have to worry about getting charged for the 8 bills to process in the month.

Answer:

account a

Explanation:

The economic principle which states that the maximum value of an improved property is realized when other properties in the immediate area have compatible and harmonious architecture is called

Answers

Answer: conformity

Explanation:

The principle of conformity says that conformity to land use objectives contributes to economic stability in a residential community. Because of this homes are built in the similar structure and style as the other properties in that same area, because the values will go up.

Hence, the  economic principle which states that the maximum value of an improved property is realized when other properties in the immediate area have compatible and harmonious architecture is called conformity.

A homeowner decides to rent a spare bedroom in her single-family house to a tenant for $500 per month. When a 24-year-old man asks to see the room, the homeowner refuses, telling him that she will only rent to women over the age of 50. The prospective tenant threatens to sue for a violation of the Fair Housing Act on the basis of age. Should the homeowner be concerned

Answers

Answer:

Should not be concerned

Explanation:

In the scenario being described, it can be said that the homeowner should not be concerned. That is because even though she did discriminate against the individual, Single-family homes rented without the use of a real estate agent or advertising are exempt from the federal Fair Housing Act. This holds true as long as the owner of the property does not own more than three homes at any given time. Therefore since there was no real estate agent, the man can't sue.

Many individuals in the management of professional sports leagues are not fans of salary caps because they A. routinely force teams to cut veteran players earning higher salaries to get under the ceiling of the cap. B. routinely provide teams with spending floors so low-revenue teams are prevented from cutting salaries in order to stay competitive. C. often have so many exceptions that they have inevitably created a number of loopholes for those agents and general managers who are creative negotiators and thus, the cap is not creating the parity it was intended to create. D. All of these are correct.

Answers

Answer:

Correct Answer:

D. All of these are correct.

Explanation:

In professional sport, most of the individual involved at the management level has never been a fan of salary caps in the profession.

Because, of salary cap being an agreement or rule that places a limit on the amount of money that a team can spend on players' salaries, it tends to limit their ability to enforce positive changes in the team in-order to ensure level playing ground between them and other small team.

Salary caps tends to  exists as a per-player limit or a total limit for the team's roster, or both.

Control activities constitute one of the five components of internal control described in the COSO model. Control activities do not encompass:________

a. Performance reviews
b. Information processing
c. Physical controls
d. An internal auditing function

Answers

Answer:

d. An internal auditing function.

Explanation:

COSO is an acronym for Committee of Sponsoring Organizations, it was established by five private organizations comprising of the largest finance, auditing, and accounting oversight committees in 1985 in the United States of America.

Control activities constitute one of the five components of internal control described in the COSO model. Control activities do not encompass an internal auditing function. The control activities are the strategic approach or plans and internal controls used by managers to reduce the high risks. These control activities include performance reviews, information processing, physical controls etc.

How much must be deposited at the beginning of each year to accumulate to $10,000 in four years if interest is at 9%

Answers

Answer:

Annual deposit= $2,186.69

Explanation:

Giving the following information:

Future value= $10,000

Number of peridos= 4 years

Interest rate= 9% compounded annually

To calculate the annual deposit required, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (10,000*0.09) / [(1.09^4) - 1]

A= $2,186.69

While your hands are on home row, your left hand rests lightly on _____. z x c v j k l ; q w e r a s d f

Answers

it will rest lightly on the pinky finger on the right hand

Answer:

While your hands are on home row, your left hand rests lightly on A S D F AND The Space Bar

Explanation:

Please Mark as BRAINLIEST

Cat's Coaster Company uses cork in all of the protective drink coasters that it manufactures. If Cat's enters into an agreement with a cork exporter from Portugal to purchase all of the cork it needs to produce its products, this would be Multiple Choice a requirements contract. a necessities contract. an output contract. an input contract.

Answers

Answer:

a requirements contract

Explanation:

Since in the question it is mentioned that the company used its cork for the protective drinks and if Cat comes into an agreement with a cork exporter in order to buy all of the cork that is required to manufacture the products. This would represent the requirement contract

As the requirement contract is the contract in which the purchased agrees to buy all the goods that are required from a seller

As a human resource manager, Janese commits 5% of the annual budget toward instituting new programs that reward employees for effectively handling diversity. Janese is playing the role of a(n)

Answers

Answer:

Entrepreneur

Explanation:

An entrepreneur can be defined as an individual that sets up a business and takes financial risk, with the aim to make profit.

It can also be simply defined as an individual that sets up and takes financial decisions for a business with the aim of making profit.

In the question above, Janese is making financial decisions for every employee and as such can be called an entrepreneur.

Cheers.

Sheridan Company, had 837000 shares of common stock issued and outstanding at December 31, 2017. On July 1, 2018, an additional 40600 shares of common stock were issued for cash. Sheridan also had unexercised stock options to purchase 31400 shares of common stock at $15 per share outstanding at the beginning and end of 2018. The average market price of Sheridan's common stock was $20 during 2018. What is the number of shares that should be used in computing diluted earnings per share for the year ended December 31, 2018

Answers

Answer:

865,150  shares  

Explanation:

The calculation of shares for diluted earning per share is shown below:-

Shares for diluted earning per share = Outstanding shares + Issued shares + Stock option

= 837,000 + (40,600 × 6 ÷ 12) + ((31,400 - (31,400 × $15 ÷ $20)

= 837,000 + 20,300 + 7,850

= 865,150  shares

Therefore we have applied the above formula.

A formula developed to project a pattern of periodic income. Income models can be applied to level income with no change in value, level income with changing value, income and value that change by fixed amounts per period (straight-line), income and value that change at a constant ratio (exponential-curve), and variable or irregular income with changing value (True/False)

Answers

Answer:

True.

Explanation:

Income model is a formula developed to project a pattern of periodic income. Income models can be applied to level income with no change in value, level income with changing value, income and value that change by fixed amounts per period (straight-line), income and value that change at a constant ratio (exponential-curve), and variable or irregular income with changing value.

The income model is also known as a revenue model and it is a spreedsheets formula used by individuals or organizations to identify the best income source to explore, what goods and services to offer, pricing of these goods and services, and who is the target audience (consumers).

You have been assigned to research behaviors related to various reactions to different types of media. The one firm directive you have been given is that you must observe the subjects in their natural settings. Which of the following is TRUE about the research you will be conducting?a. It must not include either qualitative or quantitative methods. b. It must include quantitative methods. c. It must include both qualitative and quantitative methods. d. It must include qualitative methods.

Answers

Answer:

c. It must include both qualitative and quantitative methods.

Explanation:

For the research of behaviors related to various reactions to different types of media, I will consider both qualitative and quantitative methods.

Qualitative and quantitative methods together provide more comprehensive results of the research. Qualitative methods give the quality of the media type and quantitative methods will give quantitative data such as how many people are using the particular media type and for how much time.

Hence, the correct answer is " c. It must include both qualitative and quantitative methods."

A producer in another state wants to become a producer in Louisiana. The other state gives the same privileges to Louisiana producers wanting to be licensed in that state as it does to its own producers. Louisiana, therefore, extends the licensing privileges to the prospective producer of the other state. What is this called?

Answers

Answer:

Reciprocity.

Explanation:

In this scenario, a producer in another state wants to become a producer in Louisiana. The other state gives the same privileges to Louisiana producers wanting to be licensed in that state as it does to its own producers. Louisiana, therefore, extends the licensing privileges to the prospective producer of the other state. This is called reciprocity because the state in which the individual (producer) resides accords him or her the same privilege to other individuals (producers) who are residing in Louisiana for fairness and equity.

Antonio runs an online retail site and wants to set up a sitewide tag to measure online conversions for his future Google Ad campaigns. He's already set up conversion actions and has Google Tag Manager managing tags on his site. Which tag type should he choose to complete this process?

Answers

Answer:

The answer is Conversion Linker tag.

Explanation:

Antonio should have set up Google Tag Manager on his website. If the case is, without changing the code on his page, he should choose the Conversion Linker tag additionally to his landing page URLs, which automatically identifies the lead source.

Cart Co. purchased an office building and the land on which it is located for $750,000 cash and an existing $250,000 mortgage. For realty tax purposes, the property is assessed at $960,000, 60% of which is allocated to the building. At what amount should Cart record the building

Answers

Answer:

$600,000

Explanation:

The computation of the amount to be recorded for the building is shown below:

But first we have to determine the total acquisition cost of land which is as follows

= Cash + mortgage

= $750,000 + $250,000

= $1,000,000

Now it is mentioned that 60% is allocated to the building

So, it would be

= $1,000,000 × 60%

= $600,000

The profit maximizing behavior of a monopoly is different from that of a perfectly competitive firm in that a monopoly can Question 1 options: A) control the position of its demand schedule, but a competitive firm cannot. B) only choose the desired output, while a competitive firm can control only price. C) only choose the desired price, while a competitive firm can control only output. D) control the desired price and output to maximize profits, but a perfectly competitive firm can only choose the desired output.

Answers

Answer:

D) control the desired price and output to maximize profits, but a perfectly competitive firm can only choose the desired output.

Explanation:

Firms competing in perfectly competitive markets are price takers, meaning that they cannot set the price of their products or services, but monopolists can actually set the price of their products or services because their market power is high enough to do so. Also, a monopolist can choose to lower or increase its output depending on the resulting profits.

This excessive market power is the reason why natural monopolies are usually regulated by the governments and many monopolistic firms are forced to split into smaller firms that compete against each other.

On Jan. 5, a customer returned merchandise that has been purchased earlier on credit. The original sale was for $500 and the cost to the seller was $150.What is the required journal entry to record the return on the seller books? Assume all merchandise can be resold to another customer.

Answers

Answer:

Explanation:

When a sales is made on credit, the primary accounts that are affected are the sales accounts and the accounts receivable , with a credit entry of the sales value to the sales account and the same value in the receivable account. We also need to know that the cost of the item is credited to the inventory and debited to the cost of goods respectively.

However , when the sales is returned , the above entry will be reversed and a reversal entry is recorded as below

Credit account  receivable - $500

Debit sales return = $500

Debit merchandise inventory $150

Credit cost of goods $150

IMG operates divisions for athlete management services, event management services, licensing, broadcasting (both production and negotiation), Internet consulting, and marketing and consulting services. This firm covers the entire gamut of sport event and athlete functions. As such, IMG is known as A. an incorporated agency. B. a full-service agency. C. an in-house agency. D. a specialized agency.

Answers

Answer:

Full service agency.

Explanation:

Agencies in this form or field are said to be a resources management stronghold to a companies all forms of online presence. They have a primary role of advertising agencies which is known to be the creation of an advertising and marketing plan specific to your business, product and brand. Advertising agencies generally work with your business objectives by keeping the advert budgets and develop advertising and marketing campaigns to satisfy business needs. There are different online platforms that can be managed by this agencies for the company. They handle works like graphic designs, copy writing, business email management, printing, attending to the company fax etc.

Which of the following is a true​ statement? A. Adverse selection occurs after a transaction has taken place in insurance markets. B. The FDIC has reduced the problem of moral hazard but not the problem of adverse selection. C. The FDIC has reduced the number of depositors who have lost​ savings, but in doing​ so, has inadvertently encouraged banks to make riskier loans. D. Moral hazard is a problem that occurs before a transaction takes place when asymmetric information is a problem.

Answers

Answer:

C

Explanation:

FDIC gives insurance to depositors. it promises to pay  back a certain amount of the deposits of a banks customers in the case where a bank fails. As a result of this insurance banks have a greater incentive to take on more risky projects because they know that their customers would be protected even the project goes sour and the bank fails.

Due to the services of the FDIC, less depositors have lost money when a bank fails because of the insurance services they provide to depositors.

A landlord rented an apartment to a person with a wheelchair. The landlord allowed the tenant to install bath rails and replace the bathroom sink vanity with a pedestal sink with lever faucet handles; however, the landlord required the tenant to sign a restoration agreement that the accommodations would be restored to their former condition at the end of the lease. In addition, the landlord required the tenant to pay sufficient funds (over a period of time) into an escrow account to cover the bathroom restoration. Has the landlord violated the Fair Housing Act

Answers

Answer: No, the landlord can require a restoration agreement and the escrow account

Explanation:

The options to the question are:

A. No, the landlord can require a restoration agreement and the escrow account

B. Yes, the landlord cannot require the escrow account

C. Yes, the landlord cannot require restoration of the modifications

D. No, the landlord does not have to allow the tenant to make any of these modifications

The Fair Housing Act is a law that was put in place in order to curtail the discrimination towards home seekers and tenants by landlords. According to the act, every American should have a fair and equal opportunity regarding the place to reside without discrimination of any sort.

Based on the scenario that have been provided in the question, the landlord can require a restoration agreement and the escrow account.

Megan is a salesperson for a company that manufactures chemicals. While reviewing her new leads, Megan learned that two of them just signed contracts with one of her company's major competitors. Which of the following best describes why Megan will not consider these two leads as sales prospects?a. They do not have the budget or financial resources to purchase the product.b. They do not have a need for the products or services her company is offering.c. They are too busy to meet with salespeople.d. They do not have the authority to make a purchase decision.e. They are not in her company's target market.

Answers

Answer: They do not have a need for the products or services her company is offering.

Explanation:

From the question, we are informed that Megan is a salesperson for a company that manufactures chemicals and that while reviewing her new leads, she learned that two of them just signed contracts with one of her company's major competitors.

Megan will not consider these two leads as sales prospects because they do not have a need for the products or services her company is offering. This is because they signed a contract with their competitors.

Which of the following applies most generally to supply in the long run? Group of answer choices All original producers will leave the market. Producers are only able to make change in their variable factors of production. Average total cost must decline. Producers are able to make change in all their factors of production.

Answers

Answer:

Producers are able to make change in all their factors of production.

Explanation:

The long run is a period when all factors of production are variable bot fixed and variable factors of production.

In the long run, firms that are earning losses would exit the industry.

"A customer places an order to buy 100 shares of ABC at the market. The broker enters the order and receives a report of execution shortly thereafter. Ten minutes later, the customer telephones, and states that he placed the order in error and wishes to cancel the order. The appropriate procedure is to:"

Answers

Answer:

Explanation:

In this situation , the order has been placed and executed . Cancelling the order is impossible . The execution of an order is the completion of a buy or sell order for a security ,hence it is irrevocable and biding on both the seller and the buyer and none of the two parties can cancel it at such time.

The best and appropriate procedure to handle the situation is to explain the procedures and guiding rules in buying stock to the customer and make him to realize that the order has been executed and biding on them.

A document you are working on is ready for declassification. You have checked with the OCA responsible and the declassification date has not changed. How will the banner markings on the document change?

Answers

Answer:

All banner markings will be lined through. The document will be marked DECLASSIFIED at top and bottom

Explanation:

In the declassification process documents that used to be classified as secret stop being so and are made available to the public. In this process, the banner markings on the document will be lined through and the document itself will be marked as DECLASSIFIED at the top and bottom of the page. Thus stating that it was previously a CLASSIFIED document that is freely available.

It is the custom for paper mills located alongside the Layzee River to discharge waste products into the river. As a result, operators of hydroelectric power-generating plants downstream along the river find that they must clean up the river's water before it flows through their equipment.
If the government intervenes and corrects the externality in the situation described above, we would expect
a) the output of the paper mills to increase.
b) the price of paper from the mills to decrease.
c) production of the hydroelectric power plants to decrease.
d) production in the paper mills to decrease.

Answers

Answer: d. Production in the paper mills to decrease

Explanation:

Since they have been mandated to treat the water that is at their disposal, they have to do it. But what happens here is there would be a down time in production as some of the workers who are supposed to be carrying out their duty in the production site would be instructed to first clean the water that they have been instructed, this would lead to production in paper Mills to decrease.

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Given that MTW CAD, which angles are corresponding parts of the congruent triangles? W C W D W A Musah stands at the center of a rectangular field. He first takes 50 steps north, then 25 steps west and finally 50 steps on a bearing of 315. Sketch musah's movement. How far west is musah's final point from the center? How does Machiavelli try to "sell" his text to Lorenzo di Medicci? What is the answer that = n? Determine if the event described is independent or dependent. Two people are standing in line at a movie theater trying to decide on which movies to see. a independent b dependent c neither d both can u explain and answer this question for me thanks Express the following in scientific notation: 0.0000079 PLEASE ANSWER!!! Brainliest to whoever answers at first!Order the following expressions by their values from least to greatest. If two polygons are similar, must they also be congruent? Given that a is a multiple of 456, find the greatest common divisor of 3a^3+a^2+4a+57 and a. Categorize each enzyme based on its specific function in glycolysis, gluconeogenesis, or both pathways.a. Triose phosphate isomerase b. Glucose 6-phosphatase c. Hexokinase d. Fructose I ,6-bisphosphatase e. Phosphofructokinase f. Pyruvate kinase In a competitive industry, it takes a fixed ratio of one skilled worker and two unskilled workers to produce a unit of output. If the immigration of unskilled workers lowers the wage of unskilled workers, it will likely Use the table shown in the image! 1. Which equation expresses y in terms of x? A. y=17x B. y=25x C. x=51y D. x=85y 2. What is the charge for renting a machine for 3.5 hours? A. $51.50 B. $59.50 C. $65.50 D. $86.50Please include all work! 15=3y+7.y= please help me with my assignment i havelike 57 more questions to answer and 10% im trying by myself to solve the rest are kinda difficult Given: ABCD is a parallelogram.Prove: mA + mB + mC + mD = 360By the definition of a parallelogram, ADBC and ABDC. Using, AD as a transversal, A and are same-side interior angles, so they are . By the definition of supplementary, mA + mD = 180. Using side as a transversal, B and C are same-side interior angles, so they are supplementary. By the definition of supplementary, mB + mC = 180. So, mA + mD + mB + mC = 180 + 180 by the property. Simplifying, we have mA + mB + mC + mD = 360.1) D2) Supplementary3) BC4) Addition Consider the following Causal Claim:All of a sudden he's all Let's go to Beano's for a change. Right. Am I supposed to think it's just coincidence his old girlfriend started working there?This is an example of:_______.A. Common Thread reasoning. B. Relevant Difference reasoning. If you want to turn a ball into a giant water balloon, how many cubic feet of lake water can you fill it with if the radius of this balloon is 1.5 feet? A shop sells DVDs and CDs.DVDs are sold at one price. CDs are sold at a different price.2 DVDs and 1 CD cost 35 2 DVDs and 2 CDs cost 45 Martin has 50 Does he have enough to buy 1 DVD and 3 CDs? One characteristic of weekly newspapers is that they usually serve national consumers rather than local consumers. tend to have a larger male readership than daily newspapers. emphasize local news and advertising. have a significantly lower CPM than daily newspapers. do not charge premium rates. A mass of 5 kg stretches a spring 10 cm. The mass is acted on by an external force of 10sin( t ) N(newtons) and moves in a medium that imparts a viscous force of 2 N when the speed of the mass is 4 cm/s. If the mass is set in motion from its equilibrium position with an initial velocity of 3 cm/s, formulate the initial value problem describing the motion of the mass. A)Find the solution of the initial value problem in the above problem. B)Plot the graph of the steady state solution C)If the given external force is replaced by a force of 2 cos(t) of frequency , find the value of for which the amplitude of the forced response is maximum.