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Factoring Services: All subsequent services are offer through the factor apart from the core service of purchasing receivables.
1) Sales credit management and Ledger administration
2) Credit collection and protection against bad and default debt losses
3) Financial accommodation against the allocated book debts as receivables.
In addition to these services the subsequent services are also being provided through the factor
1) Providing information regarding prospective buyers
2) Providing financial counseling
3) Assistance in sickness prevention and liquidity management
4) Financing acquisition of inventories
5) Giving assistance for opening letter of credit for the client.
Standard costing in modern environment Standard costing has traditionally been associated with labor-intensive operations, but it can be applied to capital-intensive production
Question: (a) A retail store wants to evaluate how many units it must sell in order to earn a profit of Rs 10000 per month if the price of the unit is Rs 300, the average varia
hi how do we find a schedule of expected cash collections
It is the most practical way of estimating working capital needs. In such method, the finance manager gets ready a working capital forecast. While preparing such forecast, firstly
Prisoner's Dilemma To understand the prisoner’s dilemma, let’s consider a story as follows: Two peoples are arrested for a crime. The police lack enough evidence to convict ei
Mosman Ltd makes a single product. The projected sales for the first month of the coming year and the starting and ending inventory data are as follows: Sales 80,000 units Uni
Capital gearing ratio The term capital gearing is used to describe the relation ship between equity share capital including reserves and surplus to preference share capital a
when assessing Market Value of common stock, is the "market value" the market value when the company sold the stock or the current market value?
Describe the impact of different types of standards on motivations, and specifically, the likely effect on motivation of adopting the labor standard recommended for Geeta & Company
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