Sawyer and four others formed a & e salvage and began a project of recovering salvage materials from the site of the former liberty fibers rayon plant. the site consisted of 300 acres, multiple buildings, and extensive ground piping. as a & e removed the salvage materials, it discovered that many of the pipes and buildings contained racm, a toxic substance. in the removal process, racm was not treated or removed properly according to statutory requirements. the federal government stepped in and cleaned up the racm from the property and sought reimbursement from liable parties. who is liable for the clean-up costs?

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale.required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse.b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this.c. explain the difference between sale of receivables with recourse as oppose to without recourse.

The discussion of the standards for selection of peanuts that will be used in m& ms and the placement of the m& m logo on the candies speaks to which building block of a sustainable competitive advantage:

The recognition of which of the following expenses exemplifies the application of matching expenses with the revenues they produced? multiple choice(a) cost of goods sold. (b) advertising.(c) president's salary.(d) research and development.