Answer:
Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.
Explanation:
Step 1 of 2
Calculate the amount of factoring fee.
Factoring fee = 5% ×Account Receivable
=5%×$75,000
=$3,750
Step 2 of 2. Journey record. Image attached.
Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.
Answer:
The answer would be, long-term financial needs
Explanation:
Financial managers maintain a firm’s financial health by developing long-term investment activities and financing strategies. In order to develop these long-term investments and financing activities, financial managers conduct data analysis and offer advice to senior management on ideas that can maximize the firm’s profits. Moreover, financial managers develop direct investment activities, financial reports, and formulate plans and strategies to achieve the long-term financial goals of a company.
Answer: pricing strategy
Explanation:
Pricing strategy refers to method that companies or organizations use in order for them to price their products.
Germany not allowing Walmart to sell some items below cost simply shows an example of how a foreign government can constrain pricing strategy. The reasoning behind this by Germany is to help it's local industries and help prevent it from foreign competition which may end up limiting their growth.
Answer:
no
Explanation:
H0: mean of sample=105
Ha: mean of sampe≠ 105
t-statistic= (population mean-sample mean)/(standard deviation/√sample size)
t-statistic= (105-103.3)/(16.3/√33)
t-statistic= 0.5991
degress of freedom= 32
for alpha 0.05, p-value from t-distributino table is 1.697
since t-statistic is less than the p-value, null hypothesis is accepted.
There is no sufficient evidence to conclude that the mean weight for non-top-20 starters is less than 105 the known value for top-20 teams