The company Dolce Vita SA has hired him as a financial advisor, and as a first function, he has been assigned to provide information to the Board of Directors on a financial engineering instrument, called factoring or Factoring, and, in addition Analyze this instrument for funding, since cash is required in the company Dolce Vita SA has a balance of accounts receivable of 850,000,000 colones, but considers that it could sell only 60% to the financial entity. The financial entity, when reviewing the balances of receivables presented, considers that 5% of the accounts receivable balance does not qualify for factoring and only presents 70% of what is accepted. In addition, it would charge them an interest of 25%, a commission of 1.3%. The term is 9 months
The company Dolce Vita SA has hired him as a financial advisor, and as a first function, he has been assigned to provide information to the Board of Directors on a financial engineering instrument, called factoring or Factoring, and, in addition Analyze this instrument for funding, since cash is required in the company Dolce Vita SA has a balance of accounts receivable of 850,000,000 colones, but considers that it could sell only 60% to the financial entity. The financial entity, when reviewing the balances of receivables presented, considers that 5% of the accounts receivable balance does not qualify for factoring and only presents 70% of what is accepted. In addition, it would charge them an interest of 25%, a commission of 1.3%. The term is 9 months
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