A type of short term loan where the borrower sells

Assignment Help Accounting Basics
Reference no: EM131023007

A type of short-term loan where the borrower sells its accounts receivables to the lender at a discount to face value is called:

a compensating balance.
an assignment.
a letter of credit.
factoring.
a bond. 

Reference no: EM131023007

Questions Cloud

Explain the incidence of exceptionality in children : Explain the incidence of exceptionality in children, including known causes or those hypothesized in peer-reviewed research.
Which one of the following is a source of cash : Which one of the following is a source of cash?A decrease in inventoryAn increase in fixed assetsA decrease in long-term debtThe payment of a cash dividendAn increase in accounts receivable
What supports or services might maximize this outcome : Summarize research related to the influence of nature versus nurture on the cause of Jefferson's disabilities.
Compute the total general and administrative expenses : Compute the total general and administrative expenses to be reported on the general and administrative expense budget per month.$23,400.$8,400.$10,000$5,575.$10,075.
A type of short term loan where the borrower sells : A type of short-term loan where the borrower sells its accounts receivables to the lender at a discount to face value is called:a compensating balance.an assignment.a letter of credit.factoring.a bond.
Calculate the new equilibrium level of real gdp : Suppose this economy is initially in equilibrium. Calculate the new equilibrium level of real GDP, Y', if government spending increases by $20 while everything else is held constant. Discuss your answer making sure to include the relationship betw..
Explain the relevance of assessing for psychopathy : Describe when and where in the adjudicative process assessment for psychopathy or antisocial personality disorder may be used, using specific examples.
Why estimate size of multiplier matter in evaluating effects : We saw that in calculating the stimulus package's effect on real GDP, economists in the Obama administration estimated that the government purchases multiplier has a value of 1.57. John F. Cogan, Tobias Cwik, John B. Taylor, and Volker Wieland arg..
Explain the various versions of social contract theory : Explain the various versions of social contract theory with supporting citations to the textbook and online lectures in correct APA format. Use this APA Citation Helper as a convenient reference for properly citing resources.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Balance of the accumulated depreciation account

A change in estimate was made in 2011 to reflect these additional data. What amount should Wolverine record as the balance of the accumulated depreciation account for this machine at December 31, 2011?

  The city had not yet started the training program.

The bookkeeper recorded the advance in the Revenues account. As of December 31, however, the city had not yet started the training program.

  The corporation performs adjusting entries monthly closing

the corporation performs adjusting entries monthly. closing entries are performed annually on december 31. during

  The company uses standard costing and has developed the

the company uses standard costing and has developed the following information about standards for its product materials

  Manufacturing cost-stoney manufacturing

The following information pertains to Stoney Manufacturing for 20X6:Direct labour $ 30,000Sales 400,000Selling expenses 50,000Raw (Direct) materials on hand:

  Bavarian sausages enterprise value is 75000000 the market

bavarian sausages enterprise value is 75000000 the market value of its debt is 23000000 and the market value of its

  Choice of rent-free use of an apartment

George just accepted a job as an apartment manager and is paid a salary of $28,000 per year. In addition to the salary, he is offered the choice of rent-free use of an apartment or a $500 per month housing allowance. George decides to accept the ..

  Manufacturing overhead was estimated to be 489600 for the

manufacturing overhead was estimated to be 489600 for the year along with 20400 direct labor hours. actual

  For which one of the following budgeting aspects does the

1. questiona company has total fixed costs of 210000 and a contribution margin ratio of 30. how much sales are

  Acquisition cost of the equipment

The depreciation applicable to this equipment was $70,000 for 2008, computed under the sum-of-the-years'-digits method. What was the acquisition cost of the equipment?

  Control alt design acquired 30 of the outstanding common

control alt design acquired 30 of the outstanding common stock of walter company on january 1 2012 by paying 800000 for

  Basics of profitability index of the project

Glassett Corporation is considering a project that would require an investment of $62,000. No other cash outflows would be involved. The present value of the cash inflows would be $70,060. The profitability index of the project is closest to:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd