Answer:
Trell will show an amount receivable from factor equal to 20, 010 dollars.
Explanation:
NON recourse factoring is when a company sells it's invoices to a factor, without the promise that the company will buy back any uncollected invoices. The factor does not take the risk of any uncollected invoices.
So in this factoring arrangement no allowance for bad debt exist
Answer:
It will grow to $229.91
Explanation:
Amount (A) = Pe^rt
P is the amount invested = $100
r is the rate of return = 9.25% = 9.25/100 = 0.0925
t is the duration of the investment = 9 years
A = 100e^(0.0925 × 9) = 100e^0.8325 = $229.91 (to 2 decimal places)
Answer:
The statement is correct
Explanation:
Tariffs are taxes imposed on imports, and more rarely, on exports, in order to place a trade restriction on foreign goods, and promote the production, and consumption of domestic goods.
If domestic producers are less efficient than foreign producers, and the tariff makes the foreign goods more expensive, consumers will have to pay more for the domestic goods.
Tariffs only benefit those who are directly involved with the production of the goods being targeted, while consumers and society at large suffer because of the higher prices.
Answer:
$25
Explanation:
Willingness to pay is the highest amount a consumer is willing to pay for a service
A tax is a compulsory sum levied on goods and services by the government. Taxes increases the price of goods
deadweight loss of the tax is the reduction in demand or efficiency as a result of tax
