(a) suppose fiat recently entered into an agreement and plan of merger with case for $4.3 billion. prior to the merger, the market for four-wheel-drive tractors consisted of five firms. the market was highly concentrated, with a herfindahl-hirschman index of 2,765. case's share of that market was 22 percent, while fiat comprised just 12 percent of the market. if approved, by how much would the postmerger herfindahl-hirschman index increase?

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.