While a loan must be repaid, factoring is the selling of to a finance company who then assumes responsibility for collecting the accounts.

On january 1, jackson, inc.'s work-process inventory account showed a balance of $ 66,500. during the year, materials requisitioned for use in production amounted to $ 70,500, of which $ 67,700 represented direct materials. factory wages for the period were $ 210,000 of which $ 187,000 were for direct labor. manufacturing overhead is allocated on the basis of 60% of direct labor cost. actual overhead was $ 116,050. jobs costing $ 353,060 were completed during the year. the december 31 balance in work-process inventory is

If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots

How are credit unions similar to banks