Logitech corporation transferred $105,000 of accounts receivable to a local bank. the transfer was made without recourse. the local bank remits 90% of the factored amount to logitech and retains the remaining 10%. when the bank collects the receivables, it will remit to logitech the retained amount less a fee equal to 3% of the total amount factored. logitech estimates a fair value of its 10% interest in the receivables of $8,000 (not including the 3% fee

Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be:

The answer here, x=7, is not in the interval that you selected in the previous part. what is wrong with the work shown above?

Activity-based costing (abc) is not truly a cost collection mechanism as much as it is an inventory valuation method. the main purpose for implementing an activity-based cost system is to try to overcome some of the cost distortions that occur in traditional costing from product differences when there are variations in size and complexity. however, one of the disadvantages of utilizing abc is that the additional information gathering necessary to implement costing with that level of detail might be beyond the reach of some companies with resource or financial constraints. with this in mind, what kinds of industries or companies do you think would benefit most from using activity-based costing and why? in designing or modifying an accounting system to capture appropriate costs for abc, what considerations do you think would need to be made?