Answer: The journals to record the sale of the receivables in Sunland Company's books are:
Debit Credit
Cash 729,600
Service charge expense 38,400
Accounts receivable 768,000
Explanation: Please note that Western Factors Inc. charges 5% of the amount of receivables sold. This means the cash transfer Sunland Company would make to western Factors Inc. would be net of the 5% service charge (5% * $768,000 = $38,400). Since Sunland is disposing the receivables, that account has to be credited. Then, the actual cash transfer would be $729,600 ($768,000 - 38,400). That is what Western Factors Inc. would now carry as its own receivables in its books.
<span>multinational corporation
Let's look at the available options and see what fits best.
multinational organization
* Technically, all companies are organizations, but generally this is reserved for organizations that aren't commercial enterprises. So this is not the correct answer.
foreign firm conglomerate
* This one fails on several fronts, but the most basic is conglomerate which implies multiple lines of business. We're just dealing with a restaurant chain. So this is the wrong answer.
multinational corporation
* This looks good. The company is obviously multinational since it has restaurants in 25 countries. And it is a company. Pretty clearly this is the right choice.
foreign partner
* A foreign partner is an other company that's based in a foreign country. For instance, some manufacturers may get parts from a foreign company to use in their own products. So there's a relationship between the local and foreign companies. But they're not owned and operated by the same overall group. So this is the wrong answer.</span>
Answer:
No, because they weren’t willing to risk their life to complete a task at the appliance plant. By law this is not safe working conditions and the people forcing employees to do this could be sued.
Explanation:
Answer: $13.50
Explanation:
The following information can.be deduced from the question:
Distance covered = 1500 miles
Cost per mile = $ 4.50
We need to calculate the total cost of the transportation first. This will be:
= 1500 x $4.50
= $6750
We are further told that it normally ships 500 units at a time.
Therefore, tge line haul cost per unit will be:
= $6750/500 = $13.50
