User Account

All Pages

Which factoring receivables is beneficial to a seller

Assignment Help Managerial Accounting
Reference no: EM132774172

Problem 1: Factoring receivables is beneficial to a seller for all of the following reasons except:

Option 1: Allows firms to receive cash earlier.
Option 2: Passes ownership of the receivables to the factor.
Option 3: There are no fees for factoring.
Option 4: Seller avoids the cost of billing and accounting for receivables.
Option 5: May pass the risk of bad debts to the factor.

Reference no: EM132774172

Questions Cloud

Discuss the methods used in the data collection process : Discuss the methods used in the data collection process (data source and organization providing the data; how often the data are collected; data limitations.
Collecting data using individual interviews and focus group : The difference between collecting data using individual interviews and a focus group
Explain the importance and benefits of planning : Explain the importance and benefits of planning and know how to interpret a company's policies.
What is the amount of cash that should be received by seller : A sales invoice included the following information: merchandise price, $12,000; What is the amount of cash that should be received by seller
Which factoring receivables is beneficial to a seller : Which Factoring receivables is beneficial to a seller? Seller avoids the cost of billing and accounting for receivables./ Allows firms to receive cash earlier.
Describe the innovation cycle : Describe the innovation cycle and explain how can it be maintained.
Discuss and provide specific examples for a small business : After reading this week's article, The importance of MS Excel for students, please respond to the following:
Calculate the incremental net operating income : The president has asked for an income statement segmented by geographic market. Calculate the incremental net operating income
Which a finance company or bank that purchases : Which a finance company or bank that purchases and takes ownership of another company's accounts receivable is called a? Payer.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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