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.
What is Comparability This quality would enable users to identify changes in the business over time (for instance, trend in sales revenue over the past five years). It wou
Profits in subsidiary company The remaining profits that belong to the holding company should be split between pre-acquisition profits and post acquisition profits. The pre
Could you please read this article? I am confused what the shortcoming of this critical review.
I am needing homework help on my Principles to Accounting 1, but don''t know how much you guys charge
How to determine the depreciation To determine depreciation in straight-line method, take cost of the asset, less the trade-in value, and divide by the estimated years of usefu
Illustration of double entry The balances on the current accounts of a head office and branch were Ksh 698,000, before the transactions listed below: Normal 0
What are the various strategies behind selected low (e.g., zero) or high coupon rates when issuing bonds?
Pre-acquisition dividends Pre-acquisition dividends may also arise in the following situations; 1 ) Where the holding company acquires the subsidiary company’s shares cum-div
It is a managerial accounting cost method of expensing all costs related with producing a particular product. Absorption costing utilizes the total direct costs and overhead costs
Presented below are condensed financial statements adapted from those of two actual companies competing as the primary players in a specialty area of the food manufacturing and dis
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: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd