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Full Service Recourse Factoring: In this kind of factoring the client has to bear the risk of default made through the debtors. There the factor had advanced funds against book debts on that the customer subsequently defaults the client will be required to refund the money. This kind of factoring is more a way of short-term financing quite than pure credit management and protection service. This kind of factoring is appropriate for cases where there are high spread customers along with relatively low exposure or where the client is selling to high risk customers.
1. In common, accounting period is the time period reflected by a series of financial statements. 2. In terms of taxation, it is twelve-month period a taxpayer uses to know
Explain TWO limitations of using accounting ratios to assess the performance of a firm and suggest how each limitation may be improved
Definition of Activities based costing Activity based costing is a system that focuses on activities as the fundamental cost objects and uses the costs of these activities as b
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The management of Popular Stores Sdn. Bhd. are in the process of exploring the company’s investment opportunities.
What is Master budget Financial budget are concerned with cash receipts and disbursements working capital. Several functional budgets are integrated into master budget. This bu
A firm wants to buy a new machine and the following quotation has been received. Cost of machine US$100 000 Freight and insurance US$5 000 The new machine will last for five
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the break even point in dollorsales for rice company is48,000 and the company's contribution margin ratio is 40 percent. If Rice Company desires a profit of $84,000, how much wou
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