Bank PO Questions

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.

Magnetic disk is a kind of data storage device. Storage capacity of magnetic disk depends on 

1. tracks per inch of surface

2. bits per inch of tracks

3. disk pack in disk surface

It can be shown as ::

Here in the given number puzzle, the given numbers follows a pattern that 

1 + 4 = 5 => 1 x 4 + 1 = 4 + 1 = 5 

2 + 5 = 12 => 2 x 5 + 2 = 10 + 2 = 12   

3 + 6 = 21 => 3 x 6 + 3 = 18 + 3 = 21 

Similarly, 

8 + 11 = 96 => 8 x 11 + 8 = 88 + 8 = 96  

Hence, the missing number in the given number puzzle is 96.

Long sightedness is a common vision condition in which nearby objects are blurry.

In this situation, the person with this condition of the eye where the curvature of the cornea is flat or the axial length of the eyeball is short. When light enters the eye, it does not focus directly on the retina, but focuses beyond the retina. This causes near images to appear out of focus and blurred.

Long sightedness is also called hyperopia, and sometimes presbyopia.

House of representatives has the power of impeachment in the office.

Given 82.5% of 2360

 82.5100 x 2360 = 0.825 x 2360 = 1947

Tennis rackets and ballpoint pens are two independent goods. Since, one doesn't depend on the other.