Ignoring Defaults,what Is the Approximate Effective Cost of Factoring If

question 28

Multiple Choice

Ignoring defaults,what is the approximate effective cost of factoring if receivables are sold at a 2% discount and the average collection period is 1 month?

• A) 19.40%
• B) 24.00%
• C) 26.53%
• D) 27.40%

Recognize the impact of agricultural practices on societal structures and behaviors in various indigenous groups.

Grasp the reasons behind the small population size of hunter-gatherer bands in specific regions due to environmental constraints.

Identify the significance of village designs in pre-Columbian societies and their implications for trade, culture, and inter-tribal relations.

Understand the role of gender and kinship in North American Indian agricultural societies.

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Definitions:

Fixtures

Items that are originally personal property but become real property when attached in a permanent manner to real estate.

Furnishings

Items designed to make a space such as a room or building suitable for living or working in, including furniture, floor coverings, and decorations.

Limitations Period

A set period of time within which a legal claim must be filed or be permanently barred.

Breach

A violation or infringement of a law, obligation, standard, or agreement.