|
Title: Custom Granite Inc. has a Canadian receivables contract for $200,000 due in 270 days. The firm has b Post by: boland on May 18, 2016 Custom Granite Inc. has a Canadian receivables contract for $200,000 due in 270 days. The firm has been approached by a factoring firm that offers to purchase the receivables at a 12% per annum discount plus a 1% charge for a nonrecourse clause. What is the annualized percentage all-in-cost of this factoring alternative?
A) 12.00% B) 14.82% C) 9.09% D) 13.00% Title: Re: Custom Granite Inc. has a Canadian receivables contract for $200,000 due in 270 days. The firm h Post by: noxx53 on Jun 20, 2016 Content hidden
Title: Re: Custom Granite Inc. has a Canadian receivables contract for $200,000 due in 270 days. The firm has b Post by: boland on Jul 3, 2016 You're amazing, seriously
Title: Re: Custom Granite Inc. has a Canadian receivables contract for $200,000 due in 270 days. The firm has b Post by: noxx53 on Jul 4, 2016 We should all be helping each other on here, so I'm happy to have helped
Title: Re: Custom Granite Inc. has a Canadian receivables contract for $200,000 due in 270 days. The firm ... Post by: Netflix India on Dec 9, 2020 Thank you
Title: Re: Custom Granite Inc. has a Canadian receivables contract for $200,000 due in 270 days. The firm ... Post by: Twinkle Desai on Dec 9, 2020 Thank you
Title: Re: Custom Granite Inc. has a Canadian receivables contract for $200,000 due in 270 days. The firm ... Post by: Trang Đào on Dec 15, 2020 Thank you
Title: Re: Custom Granite Inc. has a Canadian receivables contract for $200,000 due in 270 days. The firm ... Post by: nicolerhy on Dec 21, 2020 Thank you
Title: Re: Custom Granite Inc. has a Canadian receivables contract for $200,000 due in 270 days. The firm ... Post by: teurejoislove on Dec 29, 2020 thank you <3
|