Vaughn Manufacturing assigned $1606000 of accounts receivable to Cullumber Company as security for a loan of $1342000. Cullumber charged a 3% commission on the amount of the loan; the interest rate on the note was 11%. During the first month, Vaughn collected $459000 on assigned accounts after deducting $1550 of discounts. Vaughn accepted returns worth $5300 and wrote off assigned accounts totaling $11880. Entries during the first month would include a
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Business, 21.06.2019 13:40
Jung hwa was recently married on july 1, 2018. she had worked for the organization for the past eight years and has been covered under its group healthcare insurance policy during the entire period. when can jung hwa add her new spouse to her insurance plan?
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Business, 22.06.2019 10:10
At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:
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Business, 22.06.2019 11:00
Zoe would like to be able to save for night courses at the local college. which of these would be a good way for zoe to make more money available for savings without dramatically changing her budget? economÃa
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Business, 22.06.2019 12:50
Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the u.s. treasury yield curve can take. check all that apply.
Answers: 2
Vaughn Manufacturing assigned $1606000 of accounts receivable to Cullumber Company as security for a...
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