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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.
Material storage Sophisticated mathematical models to control economic buying, and systems control the flow of material may all be for naught if the obvious-efficient storekeep
Marginal cost or incremental cost pricing method: Here the company may work on the premise of recovering its marginal cost and getting a contribution towards its overheads. Thi
Case Study Labor standards Geeta & Company has experienced increased production costs. The primary area of concern identified by management is direct labor. The company is conside
explain briefly variable cost, fixed cost and semi- variable in the production cost of a productor service, giving example for each
Marketing refers to the promotion of products, especially advertising and branding. But marketing includes product management, pricing, prom
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The decisions about long-term investment are depends on judgments on future cash flows, the improbability of such cash flows and the opportunity cost also of the funds to be invest
The Work in Process account for Monty's Company contained the following entries: Work in Process Account Debit of $40,000 for direct raw materials Debit of $60,000 for direct labor
Give the following cost data Costs /per unit labor … $ 4 Materials …5 Fixed cost … $ 12000 Determine the break even point in units if the selling price is $ 19.00 Determine th
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