Answer:
$50,000
Explanation:
Calculation to determine the amount of the loss on sale of receivables that CarsRUs would recognize at the sale of its receivables
Using this formula
Loss on sale of receivables=[(Recourse Accounts receivable*Finance fee charges)+Estimated recourse liability]
Let plug in the formula
Loss on sale of receivables=(3%*$800,000)+$26,000
Loss on sale of receivables=$24,000+$26,000
Loss on sale of receivables=$50,000
Therefore the amount of the loss on sale of receivables that CarsRUs would recognize at the sale of its receivables will be $50,000
The best and most correct answer among the choices provided by your question is the second choice.
The differences of their salaries is that t<span>he bassoonists earn a higher salary than the flutists.</span>
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Answer:
Using Taylor's rule, when the equilibrium real federal funds rate is 3 percent, the positive output gap is 2 percent, the target inflation rate is 1 percent, and the actual inflation rate is 2 percent, the nominal federal funds rate target should be <u>6.5 %.</u>
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Answer:
Cantril Ladder
Explanation:
Cantril ladder approach was developed by Hadley Cantril. The approach is a method of assessing the well being of individuals. The cantril scale is represented by an imaginary ladder with steps numbered from 1 to 10 wherein each step denotes a happiness level.
For example, level one would relate to poor well being i.e the case of individual being least happy whereas level 10 would represent highest satisfaction in life and happiness.
As per the research conducted across the globe, the cantril scale of well being and happiness correlated really well with the income of the respondents indicating, that well being and happiness are directly related to an individual's income level.
