The staff training center at a large regional hospital provides training sessions in cpr to all employees. assume that the capacity of this training system was designed to be 1200 employees per year. since the training center was first put into use, the program has become more complex, so that 1050 now represents the most employees that can be trained per year. in the past year, 950 employees were trained. the efficiency of this system is approximately and its utilization is approximately

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale. required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse. b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this. c. explain the difference between sale of receivables with recourse as oppose to without recourse.