Logitech corporation transferred $115,000 of accounts receivable to a local bank. the transfer was made without recourse. the local bank remits 85% of the factored amount to logitech and retains the remaining 15%. when the bank collects the receivables, it will remit to logitech the retained amount less a fee equal to 2% of the total amount factored. logitech estimates a fair value of its 15% interest in the receivables of $12,500 (not including the 2% fee). what is the effect of this transaction on the company’s assets, liabilities, and income before income taxes?

the first one $24,630

someone i feel is a leader in my life id have to say would be my mother because she has give me great advice in life and got me out of tough situations. some characteristics she has are creativity, honesty, commitment, respect for others, and communication. one example of a situation when she demonstrated leadership was when i was working late on homework and i started to get stressed and got upset, she asked me if i needed some , and she me with my work. she demonstrated communication and commitment.

i don't know if this is exactly what your looking for but i hope this !

3rd the reason why is because of management and leadership