Answer:
Trell will show an amount receivable from factor equal to 20, 010 dollars.
Explanation:
NON recourse factoring is when a company sells it's invoices to a factor, without the promise that the company will buy back any uncollected invoices. The factor does not take the risk of any uncollected invoices.
So in this factoring arrangement no allowance for bad debt exist
Company Receivable before factoring = $ 58000
Amount received= 58000*60 % = $ 34800
Amount remaining= 58000*40% =$ 23200
Amount Receivable from factor= 23200-(58000*1%)' - (34800/2*15%)''
=20, 010 dollars
'Factor fee
" Interest to be charged by factor on 60% lended
Answer:
$663.420
Explanation:
The value for the investment is the future of $1000, earning a compound interest of -5% for eight years.
The formula for compound interest is as below.
FV = PV × (1+r)^n
Fv = $1000 x ( 1 + (-5/100)^8
Fv= $1000 x (1 +(-0.05)^8
FV= $1000 x (0.95)^8
Fv=$1000x 0.6634204
Fv=$663.420
The value will be $663.42
Answer:
Dr Depletion expense 66,640
Cr Accumulated depletion 66,640
Explanation:
Coronado Corporation
Journal entry
Dr Depletion expense 66,640
Cr Accumulated depletion 66,640
Total Cost = $448,000+$112,000 =
$ 560,000
Depletion per ton
= ($560,000-$179,200)/4,480
= 85 per ton
Depletion first year = 784*85 = 66,640
Answer:
Shirley receive 2,126.16 dollars for each pay period.
Explanation:
the saving are considered part of his net earnings. The employeer gives a certain amount and from there, Shirley makes a save.
gross pay: 2,327
insurance premium 22.82
Socal Security (6.2%) 144.274
medicare (1.45%) 33.7415
Total deductions 200.8355
Net pay: 2,126.1645 ≈ <em>2,126.16</em>
Answer:
B. neutralizers
Explanation:
Leadership neutralizers: The term "leadership neutralizers" is described as one of the factors that tend to prevent a specific manager from taking a few actions in order to improve or enhance work performances, or to take the actions that the "manager" ought to do to perform irrelevantly.
In the question above, the given statement is an example of neutralizers impacting leadership styles and behaviors.
