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GarryVolchara [31]
3 years ago
8

Winkler company borrows $85,000 and pledges its receivables as security. the journal entry to record this transaction would be:

Business
1 answer:
nalin [4]3 years ago
6 0
Here, there's an increase in cash and a decrease in receivables. Therefore, the journal entries will be as follows
Dr. Cash .... 85000
Cr. Receivables ..... 85000
Cash borrowed against receivables
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Answer:

Correct option is B.

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Explanation:

Your opportunity cost of taking this course is <u>the net benefit of the activity you would have chosen if you had not taken the course </u>

Opportunity cost is what you must sacrifice when you choose an activity. By taking this course, you are sacrificing the benefit you could have obtained from the activity you would have chosen if you had not taken the course.

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Northern Gas recently paid a $2.80 annual dividend on its common stock. This dividend increases at an average rate of 3.8 percen
MAXImum [283]

Answer:

14.6%

Explanation:

we can use the Gordon growth  model to determine the market rate of return (or required rate of return for this stock or similar ones):

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3 years ago
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Answer and Explanation:

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