Plastic money or credit card finance, Finance Basics

Plastic Money or Credit Card Finance

This is finance of a kind whereby a company will make arrangements for the use of the services of credit card organizations via the purchase of credit cards in return for prompt settlement of bills on the card and a commission payable on all credit transactions. It is utilized to finance goods and services of working capital in behaviour like the payment of fuel, spaceports, medical and other universal provisions and it is rare for it to finance raw materials or capital items.

Posted Date: 1/29/2013 5:09:53 AM | Location : United States







Related Discussions:- Plastic money or credit card finance, Assignment Help, Ask Question on Plastic money or credit card finance, Get Answer, Expert's Help, Plastic money or credit card finance Discussions

Write discussion on Plastic money or credit card finance
Your posts are moderated
Related Questions
Cash and Marketable Securities Management The management of marketable and cash securities is single of the key areas of working capital management. Because cash and marketabl

Example of Market Model Illustration: For the past five (5) years, the MPS and DPS for XYZ Ltd were follows as:   1998 Shs. 1999 Shs.

A prospective developer is considering purchasing a site for the construction of a ‘Business Village’ at a price of £750 000. It will provide a let-able office floor space of 17 50

Question 1: a) Explain the framework put forward by the Basel Committee to ensure that banks and supervisors give appropriate attention to the second (supervisory review) and

Define the process of Opening an Account with Broker After a broker has been selected, the investor has to place an order on the broker. The broker will open an account in t

1. Suppose company A expects to increase unit sales of i-phone by 15% per year for the next 5 years. If you currently sell 3 million i-phones in one year, how many phones do you ex

what are the main function of the derivative market

Prepare Journal and Adjusting Entries I need assignment help on topic Prepare Journal and Adjusting Entries. Can you please suggest me the answer. The following two events o

a bond that has a 1000 per value and a contract or coupon interest rate of 12.8%. The bond is selling for a price of $1125 and will mature in 10 years. The firm''s tax rate is 34%

Three of these companies have bonds that carry investment - grade ratings. The other 3 companies carry junk - bond ratings. Judging by the information in the table, which 3 compani