If a company sells its receivable to another party to raise funds, it is known as

Related MCQs

• 80% of sales of 10,00,000 of a firm are on credit. It has a Receivable Turnover of 8. What is the Average collection period (360 days a year) and Average Debtors of the firm?
• Lease which includes a third party (a lender) is known as
• The art of managing, within the acceptable level of risk, the consolidated funds optimally and profitably is called _________.
• Which of the following is not a spontaneous source of short-term funds ?
• If a company moves from a "conservative" working capital policy to an "aggressive" policy, it should expect __________.
• Dividend declared by a company must be paid in
• Shares of face value of 10 are 80% paid up. The company declares a dividend of 50%. Amount of dividend per share is
• Every company should follow
• Which of the following is true for a company which uses continuous review inventory system
• Under which type of bank borrowing can a borrower obtain credit from a bank against its bills?