Analyst Questions

The New Jersey Plan was one option as to how the United States would be governed.

The Plan called for each state to have one vote in Congress instead of the number of votes being based on population. Hence, it is called as a small state plan also.

It was introduced to the Constitutional Convention by William Paterson. So, it is also called as the Paterson plan.

Magnetic striping is evidence of seafloor spreading.

A monopoly is a market that has a single seller of a unique product in the market. He does not have any competition in the market as he has no substitute product for the product he is selling.

• This voltage often remains in storage even if the set is unplugged.

• Although the voltage is very high it has very low power but it can be dangerous because your body jumps if brought in contact.

In the early 7th century, 610 A.D Islam was founded and Prophet Muhammad was accredited for its origin. It is beleived that it was first origined in Mecca and Medina.

Accounts-receivable financing is a type of asset-financing arrangement in which a company uses its receivables — outstanding invoices or money owed by customers — to receive financing.

when a business sells its AR (accounts receivable) to a factoring company and receives short-term business funding in return, this is what called as Accounts Receivable Financing.

How it works ::

Business-to-business sales are often offered with payment terms of 30, 60 or 90 days.

The buyer receives the product, but doesn't submit payment until the mutually agreed-upon date.

The seller records the sale as revenues and increases the accounts receivable by the amount of the sale.

When the payment arrives, the seller decreases the accounts receivable and increases cash.

Accounts receivable financing allows the seller to get the cash immediately by selling the receivable to a third party. This is called factoring.

Capitalism is an economic system in which private individuals or businesses own capital goods i.e, economy is characterized by private ownership of the means of production. The production of goods and services is based on supply and demand in the general market known as a market economy and not on central planning known as a planned economy.