QUESTION 14 Accounts receivable financing is the term used to describe which of the following types...
QUESTION 14
-
Accounts receivable financing is the term used to describe which of the following types of loans which involve either the assignment or the factoring of a firm's accounts receivables?
Secured short-term loan
Unsecured short-term loan
Secured long-term loan
Unsecured long-term loan
Trust receipt loan
2 points
QUESTION 15
-
By definition, an inventory loan is which one of the following types of loan?
Secured short-term loan
Unsecured short-term loan
Secured long-term loan
Unsecured long-term loan
Trust receipt loan
Homework Answers
Q 14) Option '1' is correct
Accounts receivable financing is the term used to describe which of the following types of loans which involve either the assignment or the factoring of Secured short-term Loan.
Q 15) Option '1' is correct
Inventory loan is a Secured short-term loan.
Banks or financial institutions provide loans and creates a charge over inventory. in case of non-payment they will take inventory. And the inventory movement will be more fast, the banks provide short-term loans.
Add Answer to:
QUESTION 14
Accounts receivable financing is the term used to describe which
of the following types...
Which of the following statements is FALSE? ns O A. Businesses can also obtain short-term financing...
Which of the following statements is FALSE? ns O A. Businesses can also obtain short-term financing by using secured loans, which are loans collateralized with short-term assets-most typically the firm's accounts receivables or inventory O B. In a factoring of accounts receivable arrangement, the firm sells receivables to the lender (i.e., the factor), and the lender agrees to pay the firm the amount due from its customers at the end of the firm's payment period. O c. If a factoring...
What are sources of short-term financing? Check all that apply: Short-term bank loans Accounts receivable financing...
What are sources of short-term financing? Check all that apply: Short-term bank loans Accounts receivable financing Inventory financing Accounts payable Commercial paper
Tobit Financing offers short-term financing plans to other companies. It buys the accounts of other companies...
Tobit Financing offers short-term financing plans to other companies. It buys the accounts of other companies at a discount and collects the full amount from the customers of those companies. Which of the following short-term financing options is being provided by Tobit Financing in this scenario? A) Trade Credit B) Commercial Paper C) Factoring D) Short-term Bank Loans
Inventory financing - Raymond Manufacturing faces a liquidity crisis - it needs a loan of $149,000...
Inventory financing - Raymond Manufacturing faces a liquidity crisis - it needs a loan of $149,000 for 1 month. Having no source of additional unsecured borrowing the firm must find a secured short term lender. The firm's accounts receivable are quite low, but its inventory is considered liquid and reasonably good collateral. The book value of the inventory is $447,000 of which $178,800 is finished goods (Note: assume a 365-day year) 1.City-wide Bank will make a $149,000 trust receipt loan...
Short term Financing 1) Your firm issues 20-year bonds. This type of financing would be most...
Short term Financing 1) Your firm issues 20-year bonds. This type of financing would be most appropriate for which of the following activities? A) The support of accounts receivable B) The construction of a new warehouse C) The support of accounts payable D) The financing of inventory 2) Your firm borrows money from the bank on a short-term note due in 9 months. This type of financing would be most appropriate for which of the following activities? A) The support...
actoring accounts receivable is a form of financing used since the days of Babylonian King Hammurabi 4,000 years ago. Today it's still a source of Short-term funds used by small businesses. V...
actoring accounts receivable is a form of financing used since the days of Babylonian King Hammurabi 4,000 years ago. Today it's still a source of Short-term funds used by small businesses. Visit www.21stfinancialsolutions. to get more in-depth information about factoring and be prepare d to ss the pros and cons of factoring to the class
actoring accounts receivable is a form of financing used since the days of Babylonian King Hammurabi 4,000 years ago. Today it's still a source of...
actoring accounts receivable is a form of financing used since the days of Babylonian King Hammurabi 4,000 years ago. Today it's still a source of Short-term funds used by small businesses. V...
actoring accounts receivable is a form of financing used since the days of Babylonian King Hammurabi 4,000 years ago. Today it's still a source of Short-term funds used by small businesses. Visit www.21stfinancialsolutions. to get more in-depth information about factoring and be prepare d to ss the pros and cons of factoring to the class
actoring accounts receivable is a form of financing used since the days of Babylonian King Hammurabi 4,000 years ago. Today it's still a source of...
Raymond Manufacturing faces a liquidity crisis —it needs a loan of $93,000 for 1 month. Having...
Raymond Manufacturing faces a liquidity crisis —it needs a loan of $93,000 for 1 month. Having no source of additional unsecured borrowing, the firm must find a secured short-term lender. The firm's accounts receivable are quite low, but its inventory is considered liquid and reasonably good collateral. The book value of the inventory is$279,000, of which $111,600 is finished goods. (Note: Assume a365-day year.) (1) City-Wide Bank will make a $93,000 trust receipt loan against the finished goods inventory....
Asset based lending is commonly used to finance leveraged buyouts. Which of the following is not...
Asset based lending is commonly used to finance leveraged buyouts. Which of the following is not true about such financing? The borrower generally pledges tangible assets as collateral. Lenders look at the target firm’s assets as their primary protection. Bank loans are secured frequently by receivables and inventory. Loans maturing in more than one year are often referred to as term loans. The target firm’s most liquid assets generally secure longer-term loans. Security provisions and protective covenants are included in...
Describe the benefits and risks of banker's acceptance financing and accounts receivable financing. Under which form...
Describe the benefits and risks of banker's acceptance financing and accounts receivable financing. Under which form of financing will a bank be liable for defective goods?
Which of the following statements is FALSE? ns O A. Businesses can also obtain short-term financing by using secured loans, which are loans collateralized with short-term assets-most typically the firm's accounts receivables or inventory O B. In a factoring of accounts receivable arrangement, the firm sells receivables to the lender (i.e., the factor), and the lender agrees to pay the firm the amount due from its customers at the end of the firm's payment period. O c. If a factoring...
actoring accounts receivable is a form of financing used since the days of Babylonian King Hammurabi 4,000 years ago. Today it's still a source of Short-term funds used by small businesses. Visit www.21stfinancialsolutions. to get more in-depth information about factoring and be prepare d to ss the pros and cons of factoring to the class
actoring accounts receivable is a form of financing used since the days of Babylonian King Hammurabi 4,000 years ago. Today it's still a source of...
actoring accounts receivable is a form of financing used since the days of Babylonian King Hammurabi 4,000 years ago. Today it's still a source of Short-term funds used by small businesses. Visit www.21stfinancialsolutions. to get more in-depth information about factoring and be prepare d to ss the pros and cons of factoring to the class
actoring accounts receivable is a form of financing used since the days of Babylonian King Hammurabi 4,000 years ago. Today it's still a source of...
Most questions answered within 3 hours.
-
without using map
1. Write a C++ program to find out the top 10 words in...
asked 52 seconds ago -
A physics major is cooking breakfast when he notices that the
frictional force between the steel...
asked 4 minutes ago -
1)Calculate the percent ionization of a
0.330 M solution of hypochlorous
acid.
% Ionization = %...
asked 3 minutes ago -
A cyclohexane (c-hex) solution is prepared by fully dissolving
9.11g of a newly synthesized organic compound...
asked 10 minutes ago -
SCHEME :-)
[5 marks] Write a procedure called convert that takes as
arguments: a temperature value...
asked 16 minutes ago -
Are
Acetyl CoA and Pyruvate biological molecules that are used to get
ATP energy in aerobic...
asked 18 minutes ago -
Two waves are traveling on a string, one with a wave function,
y1 = 0.05sin(4x -...
asked 25 minutes ago -
Develop an ideal customer profile for three Dell Customer
groups( a supplier, a global business, and...
asked 27 minutes ago -
Suppose, for any future year, the probability its October rain
is more than 3 inches is...
asked 32 minutes ago -
Solve the following systems of linear equations using
substitution 12p + 3q = 15 6q +...
asked 39 minutes ago -
Prof. D went grocery shopping and purchased one dozen eggs and
one pound of flour (all...
asked 46 minutes ago -
If
somehow loop of Henle were removed - that is if the proximal tubule
was connected...
asked 46 minutes ago