Jane borrows $100,000 on january 1 from a bank at a 12% interest rate. jane assigns $140,000 of its accounts receivable as collateral and agreed to pay a financing fee of 2% of accounts receivable assigned. on january 1, jane’s accounting for this transaction will include: a. debit to cash for $100,000 b. debit to cash for $97,200 c. debit to finance expense of $2,000 d. debit to finance expense of $1,000

Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)

From what part of income should someone take savings?

According to ceo heidi ganahl, camp bow wow requires a strong and consistent corporate culture to keep all local franchise owners "on the same page" and to follow a common template for the business and brand. this culture could become detrimental over time because: (a) strong consistent cultures are inflexible and incapable of adapting to environmental change (b) strong consistent cultures are too flexible and capable of adapting to environmental change (c) strong consistent cultures don’t perform well in any environment (d) the passing of time provides stability and predictability for businesses