Henson company factored receivables with a carrying amount of$500,000 to agee company. agee company assesses a finance charge of 3% of the receivables and retains 5% of the receivables. relative to this transaction, you are to determine the amount of loss on sale to be reported in the income statement of henson company for february. assume that henson factors the receivables on a without recourse basis. the loss to be reported is:
Answers: 3
Business, 22.06.2019 21:00
Reagan corporation is a wholesale distributor of truck replacement parts. initial amounts taken from reagan's records are as follows:
Answers: 1
Business, 22.06.2019 23:30
As a result of a thorough physical inventory, waterway company determined that it had inventory worth $320200 at december 31, 2020. this count did not take into consideration the following facts: walker consignment currently has goods worth $47400 on its sales floor that belong to waterway but are being sold on consignment by walker. the selling price of these goods is $75900. waterway purchased $21900 of goods that were shipped on december 27, fob destination, that will be received by waterway on january 3. determine the correct amount of inventory that waterway should report.
Answers: 2
Business, 23.06.2019 00:00
Review the key ethical and social issues over the last five decades and place each on the timeline in chronological order. note that once you complete this part of the question, you will be unable to adjust your answers.
Answers: 3
Henson company factored receivables with a carrying amount of$500,000 to agee company. agee company...
Mathematics, 18.10.2020 14:01
History, 18.10.2020 14:01
Mathematics, 18.10.2020 14:01
Business, 18.10.2020 14:01
History, 18.10.2020 14:01
History, 18.10.2020 14:01
Health, 18.10.2020 14:01
Health, 18.10.2020 14:01
Medicine, 18.10.2020 14:01
Biology, 18.10.2020 14:01
Biology, 18.10.2020 14:01
Mathematics, 18.10.2020 14:01
Mathematics, 18.10.2020 14:01