Business, 20.03.2020 01:26 romanbattistelli23

Popper Enterprises factors $900,000 of its accounts receivable to Third Bank with recourse for a finance charge of 5%. The finance company retains an amount equal to 7% of the accounts receivable for possible adjustments. Third Bank will return the hold back to Popper when it collects the receivables. In addition, the fair value of the recourse liability is estimated at $20,000. What amount of cash would Popper receive as a result of this transaction

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 19:40

Bear, inc. estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units each quarter over the year. they have, and desire, a 25% ending inventory of finished goods. each unit sells for $35. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. the remainder is received in the quarter following sale. cash collections for the third quarter are budgeted at

Answers: 3

Answer

Business, 22.06.2019 16:10

Regarding the results of a swot analysis, organizational weaknesses are (a) internal factors that the organization may exploit for a competitive advantage (b) internal factors that the organization needs to fix in order to be competitive (c) mbo skills that should be emphasized (d) skills and capabilities that give an industry advantages problems that a specific industry needs to correct

Answers: 1

Answer

Business, 23.06.2019 02:30

On december 1, 2017, bigham corporation pays a dividend of $4.00 on each share of its common stock. vanessa and gena, two unrelated shareholders, each own 5,000 shares of the stock. vanessa has owned her stock for two years while gena purchased her stock on november 3, 2017. how does each shareholder treat the $20,000 dividend from bigham

Answers: 3

Answer

Business, 23.06.2019 12:40

Discretionary spending: $450 per month new car insurance: $175 per month gas: $100 per month used car insurance: $125 per month gas: $100 per month according to your research, you need to budgetfor insurance and gasoline if you choose to buy or lease the new car. if you choose to buy the used car, you need to budget for insurance and gas.

Answers: 3

Answer

You know the right answer?

Popper Enterprises factors $900,000 of its accounts receivable to Third Bank with recourse for a fin...

Questions