subject
Business, 14.12.2021 01:00 sherylpoche23

Rogue Spices 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 factoringalternative? A. 13.00%

B. 12.00%

C. 14.82%

D. 9.09%

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 10:30
The advertisement demonstrates a popular way companies try to sell a product. what should consumers consider when it comes to the price of this product? it includes shipping and handling costs. it takes into account maintenance costs. it explains why this price is a good deal. it makes the full cost appears lower than it is.
Answers: 1
question
Business, 22.06.2019 16:30
Who got instagram! ? if you do give it to me
Answers: 1
question
Business, 22.06.2019 20:10
Russell's is considering purchasing $697,400 of equipment for a four-year project. the equipment falls in the five-year macrs class with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. at the end of the project the equipment can be sold for an estimated $135,000. the required return is 13.2 percent and the tax rate is 23 percent. what is the amount of the aftertax salvage value of the equipment assuming no bonus depreciation is taken
Answers: 2
question
Business, 22.06.2019 21:30
Which of the following is one of the five fundamental questions? which products will be in scarce supply and which in excess supply? who should appoint the head of the central bank? how much should society save? correct what goods and services will be produced?
Answers: 1
You know the right answer?
Rogue Spices Inc. has a Canadian receivables contract for$200,000 due in 270 days. The firm has been...
Questions
question
Mathematics, 31.08.2021 19:30
question
English, 31.08.2021 19:30
question
Mathematics, 31.08.2021 19:30
question
Mathematics, 31.08.2021 19:30
question
Mathematics, 31.08.2021 19:30
question
Biology, 31.08.2021 19:30
question
Mathematics, 31.08.2021 19:30
question
History, 31.08.2021 19:30