Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Show benefits of factoring?
Factor finance
The factoring company will progress up to 80% of the face value of invoices raised. This would permit Doe Ltd to pay its trade payables promptly and perhaps take advantage of any early payment discounts available. It would as well allow Doe Ltd to finance its growth from sales rather than by seeking external finance.
Reduces administration costs
The factor would invasion the administration of Doe Ltd's sales ledger allowing a reduction in administration costs in the longer term.
Factor expertise
In the areas of credit analysis as well as receivables collection the expertise of the factor is likely to be higher than Doe Ltd's leading to lower bad debts as well as more efficient collection of amounts owed by receivables.
Credit protection
If the factoring is with no recourse Doe Ltd will be effectively insured against the possibility of bad debts although this will be included in the factor's fee.
For a capital lease the lessee records the lease payments as rent expense, but for an operating lease the lessee reports the lease payments as depreciation expense For an operating
How the value of information received by decision maker How the value of information received by decision maker eventually begins to decline. This is, maybe, since additional i
Errors in Financial Statements The following financial statements are available for Sherwood Real Estate Company: Balance Sheet Assets Liabilities Cash . . . . . . . . . . . . . .
how to solve the question income statements
The management of Gimenez Corporation is investigating an investment in equipment that would have a useful life of 7 years. The company uses a discount rate of 17% in its capital b
Ely purchased a patent (with a remaining legal life of ten years) from Backo on January 1, 2010 for $300,000. Ely expected to use the patent for five years. The carrying value on B
What two components are used to compute the return on assets ?
The family next door just received a $300,000,000 cash payout after winning the lottery. You talked with them and are trying to convince them to let you manage a portfolio of inves
The liquidation of the Marks, Norris, Smith, and Savannah partnership:
Stark Company has five employees. Employees paid by the hour receive a $10 per hour pay rate for the regular 40-hour work week plus one and one-half times the hourly rate for each
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd