Identify the expression(s) that represents % of the original cost. If more than one answer is correct, explain why the expressions you choose are equivalent. b. Identify the expression(s) that represents the final cost of the item after a % decrease. If more than one is correct, explain why the expressions you choose are equivalent. c. Create a word problem involving a percent decrease so that the answer can be represented by expression (ii). d. Create a word problem involving a percent decrease so that the answer can be represented by expression (i). e. Tyler wants to know if it matters if he represents a situation involving a % decrease as . or ( − . ). Write an explanation that would help Tyler understand how the context of a word problem often determines how to represent the situation.

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.