1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Thepotemich [5.8K]
3 years ago
13

During 2004 Elway Corporation transferred inventory to Howell Corporation and agreed to repurchase the merchandise early in 2005

. Howell then used the inventory as collateral to borrow from Norwalk Bank, remitting the proceeds to Elway. In 2005 when Elway repurchased the inventory, Howell used the proceeds to repay its bank loan. 4. This transaction is known as a(n):
a. consignment.
b. installment sale.
c. assignment for the benefit of creditors.
d. product financing arrangement.
Business
1 answer:
Svet_ta [14]3 years ago
6 0

Answer:

d. Product financing arrangement.

Explanation:

A business transaction in which an organization sells and agrees to repurchase inventory with the repurchase price equal to the initial or original sales price plus the carrying and financing costs is known as the Product financing arrangement.

A product financing arrangement is more likely to exist when the seller commits to having a third party client purchase the item and then agrees to repurchase the item from the third party client.

It's noteworthy to know, that the seller controls how the item sold under either of the above mentioned situations is analysed and disposed of.

You might be interested in
An agreed-upon solution about a common set of engineering features and design choices is known as a?
Vikentia [17]
Neudjsbqjaisinfhsu sorry need points
4 0
1 year ago
The three-legged Ork, a space creature from the universe Warhammer, wears 1 right shoe and 2 left shoes. Which set of market bun
denis23 [38]

Answer:

6 right shoes and 12 left shoes

Explanation:

That Ork needs 2 left shoes for every right shoe, to match the feet configuration.

So, we have to look into the possible answers, which offers a 2 to 1 ratio for the left shoes.

<u>10 right shoes and 16 left shoes </u>

No. Left-shoes ratio is 1.6 not the 2 we need.

<u>12 right shoes and 12 left shoes </u>

No, the left-shoes ratio is 1, not the 2 we need.

<u>15 right shoes and 14 left shoes </u>

No, the left-shoes ratio is 14/15, less than 1, so not the 2 we need.

<u>6 right shoes and 12 left shoes</u>

YES!  The left-shoes ratio is 2, exactly what we need.

4 0
3 years ago
What factors are important in predicting change in price?
OLEGan [10]
Demand for the product,the season the product is in or if its outdated
4 0
3 years ago
The Walt Disney Company dress code requires male cast members with mustaches or beards to trim their facial hair to no longer th
Charra [1.4K]

Answer:

tangibles

Explanation:

According to my research on different characteristic terminology, I can say that based on the information provided within the question The Walt Disney Company's dress code reflects the tangibles dimension of service quality. This is because tangibles are the physical things that can be felt and reflect the organization or company.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Read 2 more answers
On January​ 1, 2018,​ Jordan, Inc. acquired a machine for $ 1 comma 040 comma 000. The estimated useful life of the asset is fiv
romanna [79]

Answer:

Annual depreciation= $197,000

Explanation:

Giving the following information:

Purchasing price= $1,040,000

Residual value= $55,000

Useful life in years= 5

<u>Under the straight-line method, the annual depreciation is the same during the useful life of the machine. To calculate the annual depreciation, we need to use the following formula:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (1,040,000 - 55,000)/5= $197,000

4 0
3 years ago
Read 2 more answers
Other questions:
  • Stanley is responsible for performing a variety of human resource activities such as posting job openings and reporting current
    14·2 answers
  • You are a consultant to a large manufacturing corporation considering a project with the following net after-tax cash flows (in
    13·1 answer
  • A 4-year project has an annual operating cash flow of $54,000. At the beginning of the project, $4,500 in net working capital wa
    5·1 answer
  • A 10 percent increase in income leads to a 15% decrease in the quantity of macaroni and cheese demanded but no change in the pri
    9·1 answer
  • Which of the following describes the stage in the economic cycle that follows growth?
    5·1 answer
  • Mary signed up and paid $600 for a 6 month ceramics course on June 1st with Choplet Ceramics. As of August 1st, Choplet’s accoun
    6·1 answer
  • An owner decides to sell his property and discovers that there is a lien on his title for a swimming pool he paid off 10 years a
    14·1 answer
  • Before protecting a worksheet to avoid people from editing the formulas, you must ________.
    10·1 answer
  • Is management essential in profit organization give reason​
    5·1 answer
  • What does the word utilities in business mean?​
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!