Business, 10.04.2020 03:18, zachattack354
Trell Corporation transferred $50,000 of accounts receivable to a local bank. The transfer was made
without recourse. The local bank remits 80% of the factored amount to Trell and retains the remaining
20%. When the bank collects the receivables, it will remit to Trell the retained amount less a fee equal
to 3% of the total amount factored. Trell estimates a fair value of its 20% interest in the receivables of
$8,000 (not including the 3% fee). Trell will show an amount receivable from factor of:
a. $10,000.
b. $8,500.
c. $8,000.
d. $6,500.
Answers: 1
Business, 22.06.2019 03:10, samantha636
On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 Ć 8% Ć Ā½), receiving cash of $7,740,000. journalize the first interest payment and the amortization of the related bond premium. round to the nearest dollar. if an amount box does not require an entry, leave it blank.
Answers: 3
Business, 22.06.2019 05:30, amandajbrewerdavis
Eliza works for a consumer agency educating young people about advertisements. instead of teaching students to carefully read advertisement claims, she encourages them to develop a strong sense of self and to keep their life goals and dreams separate from commercial products. why might eliza's advice make sense?
Answers: 2
Business, 22.06.2019 19:10, XOsam
Coca-cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. however, with the success of gatorade, coca-cola developed competencies in the development and marketing of its own sports drink, powerade. which of the following is true of coca-cola? a. it is leveraging existing core competencies to improve current market position. b. it is building new core competencies to protect and extend its current market position. c. it is redeploying and recombining existing core competencies to compete in markets of the future. d. it is targeting the chasm between the early adopter and early majority market segment.
Answers: 1
Trell Corporation transferred $50,000 of accounts receivable to a local bank. The transfer was made<...
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