subject
Business, 01.04.2020 21:06 brettswain1342

Trell Corporation transferred $50,000 of accounts receivable to a local bank. The transfer was made without recourse. The local bank remits 80% of the factored amount to Trell and retains the remaining 20%. When the bank collects the receivables, it will remit to Trell the retained amount less a fee equal to 3% of the total amount factored. Trell estimates a fair value of its 20% interest in the receivables of $8,000 (not including the 3% fee). Trell will show an amount receivable from factor of:

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 18:00
What is the cause of smoky exhaust?
Answers: 1
question
Business, 22.06.2019 20:00
Acompetitive market in healthcare would a. overprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers b. underprovide healthcare because it would eliminate medicare and medicaid c. underprovide healthcare because the marginal social benefit of healthcare exceeds the marginal benefit perceived by consumers d. overprovide healthcare because it would be similar to the approach used in canada
Answers: 1
question
Business, 23.06.2019 02:30
When the price of pencils increases from $1.50 to $2.50, there is an increase in quantity demanded of pens from 100 to 150. the cross-price elasticity of demand between pencils and pens is: ?
Answers: 3
question
Business, 24.06.2019 00:40
Who must make the determination to cancel an invitation for bids after bid opening? a.contracting officerb.chief of the contracting officec.head of the contracting activityd.agency head
Answers: 1
You know the right answer?
Trell Corporation transferred $50,000 of accounts receivable to a local bank. The transfer was made...
Questions
question
Mathematics, 02.11.2020 17:50
question
Mathematics, 02.11.2020 17:50
Questions on the website: 13722367