Author Question: Kliting Co has a lot of outstanding accounts receivable but customers are slow to pay, and it ... (Read 34 times)

CQXA

  • Hero Member
  • *****
  • Posts: 546
Kliting Co has a lot of outstanding accounts receivable but customers are slow to pay, and it doesn't have sufficient cash to pay its suppliers and employees at the end of the month. Instead of borrowing money, Kliting decides to sell its accounts receivable. This form of financing is known as:
 A) a line of credit.
  B) factoring.
  C) equity financing.
  D) commercial paper.
  E) trade credit.

Question 2

Which of the following is one of the pieces of HRM legislation aimed at eliminating workplace discrimination on the basis of race, gender, age, and/or other characteristics?
 A) Fair Labor Standards Act (1938)
  B) Americans with Disabilities Act (1990)
  C) Family and Medical Leave Act (1993)
  D) National Labor Relations Act (1935)
  E) Occupational Safety and Health Act (1970)



vickyvicksss

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

For a complete list of videos, visit our video library