Business
Business, 15.08.2020 20:01, rikac72791

Guardiola inc factored $2,300,000 of account receivable with mourinho finance on a with recourse basis. the recourse provision has a fair value of $75,000. moutinho finance assessed a finance charge of 3% of th total account receivable factored and retained an amount equal to 2.5% of the total receivables to cover sales discount. as a result of this transaction, Guardiola's:. a. assets go down by 5319.000.
b. liabilities go up by 557,500.
c. equity goes down by $144.000.
d. assets go up by 569.000.

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Guardiola inc factored $2,300,000 of account receivable with mourinho finance on a with recourse bas...

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