Which of the following statements is true about factoring without recourse?
A) The seller of the receivables is liable upon default of the debtor.
B) The factor's risk is lower than if the factoring were with recourse.
C) An example is the use of major credit cards.
D) The fee will be lower than if the factoring were with recourse.
C
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The stage in the new product process that occurs first and has a pass ratio of 1:4 is the ________ stage
A) idea screening B) product development C) test marketing D) product soft launch E) concept testing
The amortization of patents should be presented in a statement of cash flows prepared using the indirect method as a(n)
a. inflow and outflow of cash. b. outflow of cash. c. addition to net income in the adjustments to reconcile net income to cash from operating activities. d. deduction from net income in the adjustments to reconcile net income to cash from operating activities.
According to a survey of purchasing agents, it is most important during a sales call for a professional salesperson to:
A. demonstrate knowledge of the buyer's product line. B. use high-pressure techniques. C. develop friendships with customers. D. provide a solid marketing plan. E. speak about the competition.
What is the formula for revenue retrieval of a product that has reached the end of its life?
What will be an ideal response?