"Jacques's Performance Pizza is a small restaurant in New York City that sells gluten-free pizzas. Jacques's very tiny kitchen has barely enough room for the three ovens in which his workers bake the pizzas. Jacques signed a lease obligating him to pay the rent for the three ovens for the next year. Because of this, and because Jacques's kitchen cannot fit more than three ovens, Jacques cannot change the number of ovens he uses in his production of pizzas in the short run."

What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit

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.

You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase