Answer:
The loss on transfer of receivables is $960,000
Explanation:
Sales amount $12,000,000
Finance charge 3%*$12 million ($360,000)
Retention amount 10%*$12 million ($1,200,000)
Cash upfront $ 10,440,000
The recourse liability is $600,000,which means that additional liability of $600,000 would be incurred by Lacuna Inc, if the total amount from the receivables is not received owing to the fact that the factoring is with recourse.
The loss on transfer of receivables is shown as:
Finance charge $360,000
Recourse liability $600,000
total loss $960,000
The vital component of marketing is promotion.
Promotion in marketing refers to any sort of marketing communication that is used to enlighten target audiences about the relative qualities of a product, service, brand, or problem, and is usually persuasive in nature. It assists marketers in creating a distinct space in the minds of their customers, which can be either cognitive or emotional.
Marketing relies heavily on promotion. Marketing promotion is described as a method of communication between buyer and seller in which the buyer persuades his or her audience to purchase his or her items.
Advertising, sales promotion, public relations, and direct marketing are the four primary promotional strategies.
Hence, the blank will be filled by promotion.
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Credit, capacity, collateral, and capital
<span>the answers is 2,4,5,6</span>
Answer:
$12,600
Explanation:
Particulars Amount
a. Issue common stock for cash $40,000
b. Purchase building and land with cash, -$25,000
c. Provide services to customers on account $6,000
d. Pay utilities on building -$500
e. Collect $4,000 on account from customers $4,000
f. Pay employee salaries -$8,000
g. Pay dividends to stockholders -<u>$3,900</u>
Net Cash Flow <u>$12,600</u>
