Why do companies sell their receivables

Assignment Help Accounting Basics
Reference no: EM13512171

An article in the Wall Street Journal indicated that companies are selling their receivables at a record rate. Why do companies sell their receivables?

Reference no: EM13512171

Questions Cloud

Calculate the work done by the ant : A hardworking ant must supply 0.0500 N to pull a small piece of fruit at constant velocity over a distance of 8.00 cm up a small hill to the entrance of the colony, calculate the work done by the ant by pulling the piece of fruit up the hill
What basic principle of contract law : A contract probably hasn't been formed because of what basic principle of contract law - Steve honestly believed that a contract had been formed, and he could sue Elliot and Richard if they failed to uphold the terms of the contract. A contract pro..
Compute the magnitude of the change in momentum of the ball : A 0.2-kg ball is bounced against a wall. It hits the wall with a speed of 20 m/s at a 10 degree angle and rebounds elastically at a 10 degree angle
Explain height of a water column be if the density of water : A Mercury barometer reads 743.5 mmHg. If the density of mercury is 13.523 g/cm^3 at 80.0 degrees C, what would be the height of a water column be if the density of water is 0.972g/cm^3 at 80.0 degrees C
Why do companies sell their receivables : An article in the Wall Street Journal indicated that companies are selling their receivables at a record rate. Why do companies sell their receivables?
Find the electric potential on the surface : A point charge of 8.40 mC is surrounded by an equipotential surface with a radius of 0.262 m. What is the electric potential on the surface
Did the limited incur a net loss : For the year ending January 31, 2004, The Limited Inc. had revenues of $8,934 million and total expenses of $8,217 million.
Explain the physician has ordered 1.00 g of tetracycline : The physician has ordered 1.00 g of tetracycline to be given every 6 hours to a patient. If your stock on hand is 500 mg tablets, how many will you need for 1 day's treatment
Prepare slaton entry to record the exchange : Prepare Slaton's entry to record the exchange. (The exchange has commercial substance.)

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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