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Liula [17]
2 years ago
9

Tobit Financing offers short-term financing plans to other companies. It buys the accounts of other companies at a discount and

collects the full amount from the customers of those companies. Which of the following short-term financing options is being provided by Tobit Financing in this scenario?
A) Trade CreditB) Commercial PaperC) FactoringD) Short-term Bank Loans
Business
1 answer:
NARA [144]2 years ago
3 0

Answer:

C) Factoring

Explanation:

In factoring, the Companies shall sell the accounts receivables to Tobit Financing at a discounted rate when they are apprehensive about receiving the same from their debtors in time. Once received by Tobit Financing, it shall recover the dues from those accounts at the full rate. The difference shall be the earning of Tobit Financing. This may also be true when such Companies are in urgent need of cash and this option seems to be the most viable.

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Ghella [55]

Answer:

In general, Mr Torres must select a single Part D premium payment mechanism that will be used throughout the year.

Explanation:

Given the situation above, the best advice to give Mr. Torres, is that, all things being equal, it is imperative generally, that he must select a single Part D premium payment mechanism that will be used throughout the year.

This is because, it will be a lot easier, with less stress of constant monitoring his savings account and often time, it is more beneficial to use.

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2 years ago
According to the enotes, if a company does not have a current supplier for a part, they must issue a(n) _______ so their potenti
raketka [301]

According to the enotes, if a company does not have a current supplier for a part, they must issue a Request for quotation (RFQ) so their potential supplier can provide a detailed quote that might include more than just a per unit price, it may also include delivery date, and payment terms. This quote invites suppliers into a bidding process to bid on specific products or services. However, it is only the first step in a negotiation with a supplier.

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2 years ago
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Inside city limits, the minimum distance for parking cars from a warning cross indicating a railroad crossing is 50 meters (165
Sergeeva-Olga [200]

Answer:

False

Explanation:

The answer is False.

As Outside city limits has the minimum distance for parking cars from a warning cross indicating a railroad crossing is 50 meters (165 feet).

5 0
2 years ago
Spartan Corporation, a U.S. corporation, reported $2 million of pretax income from its business operations in Spartania, which w
AVprozaik [17]

Answer:

A. = (15% X $2M) + (21% X $2M) = $720,000. Since there is no mechanism for mitigating double taxation, the branch profit will be taxed on the to tax rate of 15% and 21% which is $300,000 and $420,000.

B. The total tax for $2m branch profit if US corporations can remove foreign based profit from US taxation will be just the 15% x $2m = $300,000.

C.If they are allowed to take deductions for foreign income taxes, the total tax on the $2m branch profit will be (21% -15%) x $2m = $120,000.

Explanation:

D.1. If credit are allowed for foreign income tax paid, total tax will be ($2m - $300,000 been foreign tax paid) x 21% = $357,000

D.2.

If the charge foreign income taxes at 30% and US corporations can claim refundable credit for foreign income tax paid on foreign source income = ($2m - $300,000 been the foreign income tax paid) = $1 700,000 x 30% = $510,000

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2 years ago
Neue Inc reports net income of $500,000; during the year, the company declared $100,000 in preferred stock dividends and had an
Nataly [62]

Answer:

1.60

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($500,000 - $100,000)/250,000

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