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Describe Four Important Elements of Business Blogging

question 47

Essay

Describe four important elements of business blogging.

Evaluate the effect of transactions on a company's current ratio.
Distinguish between transactions that affect current and total assets.
Understand the concept of dividends and their impact on retained earnings.
Identify transactions involving external exchanges.

Definitions:

Collateral

An asset that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid according to the agreement.

Accounts Payable

The amount a company owes to suppliers for goods and services purchased with credit.

Factor

A finance company to which businesses sell their accounts receivable—usually for a percentage of the total face value.

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