Logitech corporation transferred $105,000 of accounts receivable to a local bank. the transfer was made without recourse. the local bank remits 90% of the factored amount to logitech and retains the remaining 10%. when the bank collects the receivables, it will remit to logitech the retained amount less a fee equal to 3% of the total amount factored. logitech estimates a fair value of its 10% interest in the receivables of $8,000 (not including the 3% fee
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Business, 21.06.2019 13:30, alyxkellar06
According to the map, which continent has the most countries with a low gdp level? which two countries have the highest gdp level?
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Business, 22.06.2019 04:00, neariah24
Assume that the following conditions exist: a. all banks are fully loaned up- there are no excess reserves, and desired excess reserves are always zero. b. the money multiplier is 5 . c. the planned investment schedule is such that at a 4 percent rate of interest, investment =$1450 billion. at 5 percent, investment is $1420 billion. d. the investment multiplier is 3 . e.. the initial equilibrium level of real gdp is $12 trillion. f. the equilibrium rate of interest is 4 percent now the fed engages in contractionary monetary policy. it sells $1 billion worth of bonds, which reduces the money supply, which in turn raises the market rate of interest by 1 percentage point. calculate the decrease in money supply after fed's sale of bonds: $nothing billion.
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Business, 22.06.2019 11:10, addsd
Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.
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Business, 22.06.2019 19:00, michael1498
It is estimated that over 100,000 students will apply to the top 30 m. b.a. programs in the united states this year. a. using the concept of net present value and opportunity cost, when is it rational for an individual to pursue an m. b.a. degree. b. what would you expect to happen to the number of applicants if the starting salaries of managers with m. b.a. degrees remained constant but salaries of managers without such degrees decreased by 20 percent
Answers: 3
Logitech corporation transferred $105,000 of accounts receivable to a local bank. the transfer was m...
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