I want to sell a chunk of the accounts receivables my business has to raise some cash quickly. Does anybody have any experience with doing this?

I want to sell a chunk of the accounts receivables my business has to raise some cash quickly. Does anybody have any experience with doing this?
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1 Answer

Answer :

Contact your competitors.
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Related questions

A trader has made a sale of Rs.75,500 out of which cash sales amounted to Rs.25,500. He showed trade receivables on 31-3-2014 at Rs.25,500. Which concept is followed by him? a) Going concern b) Cost c) Accrual

Description : A trader has made a sale of Rs.75,500 out of which cash sales amounted to Rs.25,500. He showed trade receivables on 31-3-2014 at Rs.25,500. Which concept is followed by him? a) Going concern b) Cost c) Accrual

Last Answer : c) Accrual

How can I raise $300,000 for my business?

Description : How can I raise $300,000 for my business?

Last Answer : prostitution.

The process by which accountants use their knowledge of accounting rules to manipulate the figures reported in the accounts of a business in known as- (a) Financial accounting (b) creative accounting (c) cost accounting (d) fair value accounting

Description : The process by which accountants use their knowledge of accounting rules to manipulate the figures reported in the accounts of a business in known as- (a) Financial accounting (b) creative accounting (c) cost accounting (d) fair value accounting

Last Answer : B. CREATIVE ACVOUNTING

If he Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should - (1) lower cash reserve ratio (2) raise discount rates (3) sell government securities (4) All of the above

Description : If he Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should - (1) lower cash reserve ratio (2) raise discount rates (3) sell government securities (4) All of the above

Last Answer : (1) lower cash reserve ratio Explanation: When the Central Bank of a country intends to increase money supply, it should lower the Cash Reserve Ratio. A decrease in CRR helps the commercial banks to ... the amount of Bank deposits and they will lend more as they have more amount as their reserve.

If the Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should (1) lower cash reserve ratio (2) raise discount rates (3) sell government securities (4) All of the above

Description : If the Central Bank wants to encourage an increase in the supply of money and decrease in the cost of borrowing money, it should (1) lower cash reserve ratio (2) raise discount rates (3) sell government securities (4) All of the above

Last Answer :  lower cash reserve ratio

How can anybody be Anti-Business?

Description : How can anybody be Anti-Business?

Last Answer : What you’re talking about is ‘Anti-Big Business’ aka corporate monopolies that are antithetical to true capitalism and to fair business interactions.

How can anybody be Anti-Business?

Description : How can anybody be Anti-Business?

Last Answer : What you’re talking about is ‘Anti-Big Business’ aka corporate monopolies that are antithetical to true capitalism and to fair business interactions.

Discounts received are A) Deducted by us when we pay our accounts B) Deducted when we receive cash C) Given by us when we sell goods on credit D) None of these

Description : Discounts received are A) Deducted by us when we pay our accounts B) Deducted when we receive cash C) Given by us when we sell goods on credit D) None of these

Last Answer : Answer: A

What are some good resources for doing a business valuation on a social network?

Description : What are some good resources for doing a business valuation on a social network?

Last Answer : The number of people on that network.

When doing business with an ignorant or naive person, are there certain guidelines for setting prices?

Description : When doing business with an ignorant or naive person, are there certain guidelines for setting prices?

Last Answer : Yes. It’s called morals. The payoff is making someone’s day by using your expertise, making a profit off of the commission, and getting a good noght’s sleep by doing the right thing.

Do you think, if a customer of a service checks out competing service with little or no intention of using that service, that it's dishonest or is it "part of doing business?"?

Description : Do you think, if a customer of a service checks out competing service with little or no intention of using that service, that it's dishonest or is it "part of doing business?"?

Last Answer : Sounds like smart business to me. No different than shopping around before you buy a car, or appliance, or… anything really.

In Phila,PA. which is the oldest bank that is still in operation and doing business today?

Description : In Phila,PA. which is the oldest bank that is still in operation and doing business today?

Last Answer : From this article in the New York Times, it appears to be the Bank of North America which opened in 1781.

Should businessmen who buy a business and then sell parts off and close the business be charged with murder?

Description : Should businessmen who buy a business and then sell parts off and close the business be charged with murder?

Last Answer : LOL! No silly, you can’t kill a parts¿¿¿

Suggest a few tactful ways to ask your boss for a raise?

Description : Suggest a few tactful ways to ask your boss for a raise?

Last Answer : Things I'd advise you to consider before asking: 1. Current economic conditions not only affect you and other employees, but also could greatly impact your employer. Is now really a good time to ask? For ... raise everyday if you work at it! Good luck. If you are deserving it will come your way.

Which of the following relationship raise presumption of positive influence? (a) Parent and Child (b) Religious/ Spiritual Guru and disciple (c) Guardian and Ward (d) All of the above

Description : Which of the following relationship raise presumption of positive influence? (a) Parent and Child (b) Religious/ Spiritual Guru and disciple (c) Guardian and Ward (d) All of the above

Last Answer : (d) All of the above

What is Receivables retention?

Description : What is Receivables retention?

Last Answer : Retention is the amount withheld by a customer until a contract is completed.orRetention is an amount held back from the final payment until the end of a defects liability period. It is ... being remedied to the client's satisfaction. They are accounted for separately because they are conditional.

Account Receivables lag impacts sales. At no credit terms, the appeal falls to about ______ %, at 30 days, appeal is _____ %, at 60 days, appeal is ______%. a. 98.5, 92, 65 b. 65, 92, 98.5 c. 70, 85, 99 d. none of the above, there is no impact

Description : Account Receivables lag impacts sales. At no credit terms, the appeal falls to about ______ %, at 30 days, appeal is _____ %, at 60 days, appeal is ______%. a. 98.5, 92, 65 b. 65, 92, 98.5 c. 70, 85, 99 d. none of the above, there is no impact

Last Answer : b. 65, 92, 98.5

Debtors Turnover ratio is also known as (i) Receivables turnover ratio (ii) Debtors velocity (iii) Stock velocity (iv) Payable turnover ratio A. (i) and (ii) B. (i) and (iii) C. (ii) and (iii) D. (iii) and (iv)

Description : Debtors Turnover ratio is also known as (i) Receivables turnover ratio (ii) Debtors velocity (iii) Stock velocity (iv) Payable turnover ratio A. (i) and (ii) B. (i) and (iii) C. (ii) and (iii) D. (iii) and (iv)

Last Answer : A. (i) and (ii)

Starting direct deposit with another company and I have two separate accounts how do I submit the forms?

Description : Starting direct deposit with another company and I have two separate accounts how do I submit the forms?

Last Answer : answer:I have the money all deposited into my primary account and have automatic transfers set up to move the money I want in my secondary accounts to my secondary accounts the same day it is deposited to the primary. Probably not the best way to do it, but it was the least confusing to me.

The agent having in customary course of business as such agent authority either to sell goods or to consign goods for the purpose of sale or to buy goods or to raise money on the security of goods is called A. Agent B. Mercantile agent C. Partner D. None of above

Description : The agent having in customary course of business as such agent authority either to sell goods or to consign goods for the purpose of sale or to buy goods or to raise money on the security of goods is called A. Agent B. Mercantile agent C. Partner D. None of above

Last Answer : B. Mercantile agent

What dirty online business do you know to make cash quickly?

Description : What dirty online business do you know to make cash quickly?

Last Answer : This is fantastic and a bit illegal as you say. There are many companies online today that offer easy ways to earn money online. These are scam companies that will trick people into investing in ... promote this business online. If people like what you're selling they will invest in your program.

Which statement about long-term investments is not true? a. They will be held for more than one year. b. They are not currently used in the operation of the business. c. They include investments in stock of other companies and land held for future use. d. They can never include cash accounts.

Description : Which statement about long-term investments is not true? a. They will be held for more than one year. b. They are not currently used in the operation of the business. c. They include investments in stock of other companies and land held for future use. d. They can never include cash accounts.

Last Answer : d. They can never include cash accounts.

How do I solve this discounted cash flow analysis?

Description : How do I solve this discounted cash flow analysis?

Last Answer : answer:Saw? I’m confused. You only mentioned one saw, and that is the one used to make desks for the next 10 years. So, you use the one you have. What am I missing, Jellies?

…………………. Is a form of E - Currency that exists only in cyber space. a. ATM Card b. Credit Card c. Digital Cash d. Debit Card

Description : …………………. Is a form of E - Currency that exists only in cyber space. a. ATM Card b. Credit Card c. Digital Cash d. Debit Card

Last Answer : c. Digital Cash

Unsecured short term deposit made by one company with another (only in case of public company) a. ICD b. Overdraft c. Cash Credit d. Promissory Note

Description : Unsecured short term deposit made by one company with another (only in case of public company) a. ICD b. Overdraft c. Cash Credit d. Promissory Note

Last Answer : a. ICD

Drawing cash from ATM, sale by fall of hammer at an auction sale, etc., are example of (a) express contract. (b) implied contract. (c) tacit contract. (d) unlawful contract.

Description : Drawing cash from ATM, sale by fall of hammer at an auction sale, etc., are example of (a) express contract. (b) implied contract. (c) tacit contract. (d) unlawful contract.

Last Answer : (b) implied contract.

I have a friend who thinks business owners should be able to turn away customers for any reason, and choose who they want to do business with. Do you think he's crazy?

Description : I have a friend who thinks business owners should be able to turn away customers for any reason, and choose who they want to do business with. Do you think he's crazy?

Last Answer : I’m almost inclined to agree with him just so these business owners can feel the consequences of their ignorance.

What do you think of the new "pay what you want" style of business?

Description : What do you think of the new "pay what you want" style of business?

Last Answer : (I love Girl Talk even more now!)

Shouldn't the Great Lakes states, and adjacent Canadian provinces sell some of the water?

Description : Shouldn't the Great Lakes states, and adjacent Canadian provinces sell some of the water?

Last Answer : I was just thinking the same thing, now that is ee-rie.

A person finds certain goods belonging to some other persons. In such a case, the finder (a) Becomes the owner of that good (b) Is under a duty to trace the real owner (c) Can sell that good if true owner is not found (d) Both (b) & (c)

Description : A person finds certain goods belonging to some other persons. In such a case, the finder (a) Becomes the owner of that good (b) Is under a duty to trace the real owner (c) Can sell that good if true owner is not found (d) Both (b) & (c)

Last Answer : (d) Both (b) & (c)

Accounting/tax questions about doing a good deed?

Description : Accounting/tax questions about doing a good deed?

Last Answer : You have to have something like the Coalition , for the unchaining would be your not for profit . The fire department is more complicated. 501 ( c ) 3 is the cleanest, lead time for that ... that can only happen with the non-profit status. We have gotten several corporations that now sponsor us.

How do companies know if a product is doing well?

Description : How do companies know if a product is doing well?

Last Answer : Well I am not an expert in retail logistics. But your initial hunch is correct that they can not tell based on how much a store buys from them on the initial purchase. But, if the item is ... ordering X amount of units a month they know they are selling roughly the same amount of units a month.

Website that lists businesses and chains that have recently filed for bankruptcy or close to doing so?

Description : Website that lists businesses and chains that have recently filed for bankruptcy or close to doing so?

Last Answer : No, because the filings are local not national.

What is Games Workshop doing?

Description : What is Games Workshop doing?

Last Answer : I’d say they’re run by morons. The company seems to think that their customers will stay forever, even when they jack up the prices. It seems like many game companys are doing this and leaving their customers in the dust.

The importance of ‘Trading on Equity’ lies in the fact that if the company is earning more profit, it can make use of borrowed capital and preference share capital and by doing so, it can increase the income of: a. Preference Shareholders b. Lenders c. Equity Shareholders d. Government

Description : The importance of ‘Trading on Equity’ lies in the fact that if the company is earning more profit, it can make use of borrowed capital and preference share capital and by doing so, it can increase the income of: a. Preference Shareholders b. Lenders c. Equity Shareholders d. Government

Last Answer : c. Equity Shareholders

A order of court restraining a person from doing a particular act, it’s a case of (a) Specific performance (b) Injuction (c) Both (a) & (b) (d) None of the above

Description : A order of court restraining a person from doing a particular act, it’s a case of (a) Specific performance (b) Injuction (c) Both (a) & (b) (d) None of the above

Last Answer : (b) Injuction

A Contract is ................ (a) A promise to do something or abstain from doing something. (b) A communication of intention to do something or abstain from doing something (c) A set of promises. (d) An agreement enforceable by law.

Description : A Contract is ................ (a) A promise to do something or abstain from doing something. (b) A communication of intention to do something or abstain from doing something (c) A set of promises. (d) An agreement enforceable by law.

Last Answer : (d) An agreement enforceable by law.

Can a passenger sell food on a flight or train ride?

Description : Can a passenger sell food on a flight or train ride?

Last Answer : No. They can offer at no cost, but they can’t sell it.

Is it against the law to sell dvd rewinders?

Description : Is it against the law to sell dvd rewinders?

Last Answer : “All art is quite useless.” —Oscar Wilde

What’s a great item to sell at a market night?

Description : What’s a great item to sell at a market night?

Last Answer : Candles, and you could have lots of candles lit to light up your table.

How much should I sell this particular painting for?

Description : How much should I sell this particular painting for?

Last Answer : Lets see it.

Is it unethical when people sell term papers or do term papers for others, for a fee?

Description : Is it unethical when people sell term papers or do term papers for others, for a fee?

Last Answer : It is academic misconduct and can get both students expelled from any university. At a Military College (West Point, USNA, Air Force Academy) It will get you a less than honorable discharge and deprive you of your right to vote for life.

What is the tariff if an american textile company wants to sell to china?

Description : What is the tariff if an american textile company wants to sell to china?

Last Answer : answer:I found this article: http://www.sinomania.com/CHINANEWS/china-wto.html

Does anyone know where I Can sell my posters?

Description : Does anyone know where I Can sell my posters?

Last Answer : has anyone heard about fine art studios? are they reliable?

How can I sell a company my idea for advertising their product?

Description : How can I sell a company my idea for advertising their product?

Last Answer : One way is to put it on Youtube.

A contract for the sale of “future goods is “ a) agreement to sell b)sale c) void d)voidable

Description : A contract for the sale of “future goods is “ a) agreement to sell b)sale c) void d)voidable

Last Answer : a) agreement to sell

A contract for the sale of goods which provides that the property would pass to the buyer on full payment of price and execution of sale deed is known as a)sale of approval b)hire purchase agreement c) sale d)agreement to sell

Description : A contract for the sale of goods which provides that the property would pass to the buyer on full payment of price and execution of sale deed is known as a)sale of approval b)hire purchase agreement c) sale d)agreement to sell

Last Answer : d)agreement to sell