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Showing posts from September, 2020

How do we use Google drive? What are it's uses?

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  Google Drive is an online files storage service that gives you 15GB of cloud storage for free. Storage gets used by Google Drive, Gmail, and Google Photos, so you can store files, save your email attachments, and back up photos and videos. For more than 15 GB, you can upgrade the Google one. The Google Drive is used for syncing files between your Google drive online and your computer. It also allows you to share files, documents online through your pc file system by right clicking on a document in your pc Google drive folder. Here are the top benefits that Google can give you should you choose to make it your primary cloud-based storage service: It has a 15 cloud GB storage that you can use. As mentioned above, it lets you create Documents, Spread Sheets, and PowerPoint Presentation. You do not have t worry about always pressing Ctrl+S because it automatically saves your progress but still allows you flexibility by letting you undo and restore previous versions of the file should you

Universal Banking : Meaning / Introduction Advantages and Disadvantages

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Universal Banking : Meaning / Introduction Advantages and  Disadvantages 

What is factoring?definition,types & procedure.

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Factoring is a financing arrangement that is typically used by small and medium-sized businesses to help them maintain a steady cash flow. As every business owner understands, cash flow is important to ensure the successful, continuous operation of their business. This is why it’s important to know the different types of factoring. In general, factoring means a company is turning over their invoices to a third party in return for receiving a portion of those invoices in cash within a few business days. Primarily, there are two types of factoring, recourse factoring and non-recourse factoring. Definition A financing method in which a business owner sells accounts receivable at a discount to a third -party funding source to raise capital. Types of Factoring Recourse and Non-recourse Factoring : In this type of arrangement, the financial institution, can resort to the firm, when the debts are not recoverable. So, the credit risk associated with the trade debts are not assumed by the facto