What is the difference between pledging accounts receivable to secure a loan and factoring accounts receivable? What
Question:
What is the difference between pledging accounts receivable to secure a loan and factoring accounts receivable? What types of short-term secured financing can a firm use to cover shortfalls?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
Pledging accounts receivable to secure a loan and factoring accounts receivable are two different me...View the full answer
Answered By
Takhlees Alam
As a tutor, I am a B.Com graduate who is currently pursuing a Chartered Accountancy (CA) certification. I am dedicated, passionate, and enthusiastic about teaching and helping students to succeed in their academic pursuits.
My journey to becoming a tutor began during my undergraduate studies. I found that I had a knack for explaining complex concepts to my friends who were struggling to grasp certain topics. I enjoyed the process of breaking down information into simpler terms and helping others to understand the material better.
Upon graduating from university, I decided to pursue a career in accounting and enrolled in the CA program. While studying for my exams, I continued to tutor students part-time. This allowed me to apply the knowledge I was gaining in my studies to real-world scenarios and help students understand how the concepts they were learning in class would apply in practice.
When I work with a student, I start by identifying their strengths and weaknesses in the subject
matter. This helps me to understand where the student is struggling and where they are
excelling. From there, I work with the student to develop a personalized study plan that focuses
on strengthening their weak areas while building on their strengths.
Overall, my goal as a tutor is to help my students achieve their academic and personal goals. I
am committed to providing high-quality instruction, personalized support, and an engaging
learning experience. Whether a student is struggling with a particular concept or simply looking
to deepen their understanding of the subject matter, I am here to help them succeed.
0.00
0 Reviews
10+ Question Solved
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
Question Posted:
Students also viewed these Business questions
-
What is the difference between pledging accounts receivable to secure a loan and factoring accounts receivable?
-
What is the difference between pledging accounts receivable and factoring accounts receivable?
-
What is the difference between pledging accounts receivable and assigning accounts receivable in a secured borrowing transaction?
-
Clapton Company's sales budget shows the following projections for the year ending December 31, 2017: Quarters First (Jan -March) Second (April June) Third (July-Sept) Fourth (Oct-Dec) Total First...
-
Graph these cost behaviour patterns over a relevant range of 010,000 units: a. Variable expenses of $6 per unit b. Mixed expenses made up of fixed costs of $30,000 and variable costs of $2 per unit...
-
Bramble Widget Company has the following production data for March. table [ [ Month , table [ [ Beg . Work in ] , [ Process Inventory ] ] , table [ [ Units ] , [ Transferred Out ] ] , table [ [ End ....
-
What is the velocity ratio of the second system of pulleys ?
-
Wynn Furnace Corp. purchased machinery for $345,000 on May 1, 2014. It is estimated that it will have a useful life of 10 years, scrap value of $45,000, production of 120,000 units, and working hours...
-
Hector is being considered for a leadership position in an architectural firm. As part of the hiring process, Hector completed the Least-Preferred Co-Worker Scale and received a low LPC score, which...
-
What is the purpose of long-term forecasting?
-
What will a short-term financial plan enable a financial manager to do?
-
Open the New Pay Solution.sln file contained in the VB2017\AppC\New Pay Solution folder. Use what you learned in the appendix to debug the application.
-
What cognitive processes underlie the ability to convey complex ideas concisely in speech and writing ?
-
How do genetic mutations contribute to the process of evolution, and what role do they play in driving biodiversity ?
-
A student takes a part-time job to earn $9000 for summer travel. The number of hours, h, the student has to work is inversely proportional to the wage, w, in dollars per hour. (a) Write an expression...
-
1. If the number of residents had not been constant, would this variable have affected the model? If yes, how? If no, why not? 2. What is the equation of the sample regression line? 3. Use the...
-
When using the par value method of accounting for treasury stock, Multiple choice question. Retained earnings is credited for amounts received in excess of amounts paid. treasury stock is deducted...
-
After the court of appeals, does the taxpayer have any additional avenue for appeals? If so, what are the taxpayers probabilities of receiving an appeal after the court of appeals? Why?
-
The maximum pressure that can be developed for a certain fluid power cylinder is 15.0 MPa. Compute the required diameter for the piston if the cylinder must exert a force of 30 kN.
-
Why would excessive trading lead to lower realized return?
-
Why would excessive trading lead to lower realized return?
-
DFB, Inc. expects earnings this year of $5 per share, and it plans to pay a $3 dividend to shareholders. DFB will retain $2 per share of its earnings to reinvest in new projects that have an expected...
-
A subgroup H of S, is called transitive if the standard action by H on {1,..., n} is transitive. Show that the transitive subgroups of S3 are A3 and S3.
-
Chris Smith - Owner and Senior Accountant B.Ec. (Accounting major), M.Tax (UNSW), FIPA Director Chris is a registered tax agent and an accountant who has been in public practice as an accountant...
-
how do you formulate a strategy?, how do you implement a strategy? how do you evaluate a strategy?
Study smarter with the SolutionInn App