Compound A is converted to B in a CSTR. The reaction rate is first-order with a reaction rate constant of 20 min-1 Compound A enters the reactor at a flow
rate of 12 m3/min (concentration of 2.0 kmol/m3). The value of the product B is $1.50 per kmol and the cost of reactor operation is $2.50 per minute per
cubic meter. It is not economical to separate unconverted A to recycle it back to the feed. Find the maximum profit.

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.