Logitech corporation transferred $105,000 of accounts receivable to a local bank. the transfer was made without recourse. the local bank remits 90% of the factored amount to logitech and retains the remaining 10%. when the bank collects the receivables, it will remit to logitech the retained amount less a fee equal to 3% of the total amount factored. logitech estimates a fair value of its 10% interest in the receivables of $8,000 (not including the 3% fee

In order to minimize project risk which step comes after the step of identifying risks

Kahn company's static budget was based on sales volume of 12,000 units. its flexible budget was based on sales volume of 14,000 units. based on this information multiple choice the sales volume variance is expected to be unfavorable. the materials cost volume variance is expected to be favorable. the labor cost volume variance is expected to be unfavorable. none of the answers is correct.

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.