Answer:
self-managing team.
Explanation:
Harry is not a team player.
An inside director.
An inside director is someone who sits on the board of directors and is also an employee of the company (some board members are external non-employee advisors).
Answer:
Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.
Explanation:
Step 1 of 2
Calculate the amount of factoring fee.
Factoring fee = 5% ×Account Receivable
=5%×$75,000
=$3,750
Step 2 of 2. Journey record. Image attached.
Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.