subject
Business, 30.10.2019 20:31 kevincaleb1

On june 30, 2021, the high five surfboard company had outstanding accounts receivable of $600,000. on july 1, 2021, the company borrowed $450,000 from the equitable finance corporation and signed a promissory note. interest at 10% is payable monthly. the company assigned specific receivables totaling $600,000 as collateral for the loan. equitable finance charges a finance fee equal to 1.8% of the accounts receivable assigned. required: prepare the journal entry to record the borrowing on the books of high five surfboard. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:30
In the rbv are defined as the tangible and intangible assets that a firm controls that it can use to conceive and implement its strategies.answers: management policies
Answers: 1
question
Business, 22.06.2019 03:00
Which of the following is not a consideration when determining your asset allocation
Answers: 3
question
Business, 22.06.2019 03:00
50 points mark brainliest 1) the information in the interactive presentation suggests that people a) utilize the perception of others rather that out own perception b) learn more about the positive aspects of perception c) should monitor how perceptual barriers influence our relationship d) spend more times on our personal relationships rather than our professional relationships 2) you are about to take the dog out for a walk but pause to watch the news because you hear the name of your town being mentioned hearing your town being mentioned on the news is an example of a) stimulation b) interaction c) organization d) interpretation- evaluation 3) tamara thinks ivan is upset with her because hes been unusually quiet today to better interpret the situation and communicate appropriately tamara should a) ask ivan why hes quiet and explain that hes being inconsiderate b) leave ivan alone because hes obviously going through something c) ask her guidance counselor for tips on providing therapy to a friend d) examine her own perception and then check in with ivan about his behavior 4) of the following abilities which is the most important to the perceptual checking process a) critical thinking ability b) creative ability c) memorizing ability d) organizational ability
Answers: 2
question
Business, 22.06.2019 05:10
The total value of your portfolio is $10,000: $3,000 of it is invested in stock a and the remainder invested in stock b. stock a has a beta of 0.8; stock b has a beta of 1.2. the risk premium on the market portfolio is 8%; the risk-free rate is 2%. additional information on stocks a and b is provided below. return in each state state probability of state stock a stock b excellent 15% 15% 5% normal 50% 9% 7% poor 35% -15% 10% what are each stock’s expected return and the standard deviation? what are the expected return and the standard deviation of your portfolio? what is the beta of your portfolio? using capm, what is the expected return on the portfolio? given your answer above, would you buy, sell, or hold the portfolio?
Answers: 1
You know the right answer?
On june 30, 2021, the high five surfboard company had outstanding accounts receivable of $600,000. o...
Questions
question
Chemistry, 18.08.2019 16:10
question
Mathematics, 18.08.2019 16:10
Questions on the website: 13722363