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dmitriy555 [2]
3 years ago
7

Trell Corporation transferred $50,000 of accounts receivable to a local bank. The transfer was made

Business
1 answer:
Arlecino [84]3 years ago
7 0

Answer: d. $6,500.

Explanation:

The question makes it seem quite complicated but it's not. In calculating the amount Trell will receive from the factor we do the following,

We take the fair value of Trell's 20% interest of $8,000 and subtract the factoring fee from it.

The factoring fee is,

= 50,000 * 3%

= $1,500

Subtracting it we have,

= 8,000 - 1,500

= $6,500.

Trell will show an amount receivable from factor of $6,500 so option D is correct.

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Supply and demand changes the price of eggs
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When you construct an audience-analysis questionnaire, open-ended questions are especially valuable because they usually generat
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In a bottom-up approach, managers should have a ________ level of controllability and a ________ level of involvement in budget
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In a bottom-up approach, managers should have a high level of controllability and a high level of involvement in budget setting.

<h3>What is a bottom-up budget approach?</h3>
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5 0
2 years ago
A struggling company determined that it would close down divisions that were in low-growth markets that had relatively low marke
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Answer:

dogs

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According to BCG matrix, there are four categories brand of firms. They are; dogs, question marks, cash cows and stars.

For dogs, the share of the market held by them is quite low when compared to what competitors hold, hence not worth investing in. They generate low returns which is why it is advisable not to invest in them. However, it is quite essential to conduct thorough investigation in terms of brands investment because for dogs, they may be profitable in the long run or act as a shield to protect others against competitors or completes the make up for other brands.

7 0
3 years ago
The employees of Vintage Clothes achieved all of the sales goals for 2017. Vintage decides to reward the employees with a bonus
Elza [17]

Answer:

$52,000

Explanation:

Bonus is 20% on annual net​ income, after deducting the bonus.

Let the annual income after deducting bonus be g

Then,

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7 0
3 years ago
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